What I was alluding to was insto hold such a large volume of shares, a takeover wouldn’t be in their interest either. Retail have been diluted and shaken out by these large insto placements. Many have probably taken a tax loss by now to offset gains elsewhere especially those heavily involved in the sector.
Government is not the full picture, even as it stands with a no uranium policy, it’s a ridiculous mcap. The reason it’s this way is it’s a sophisticated institutional play imo.
Enough is Enough!, page-7
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Last
33.0¢ |
Change
-0.005(1.49%) |
Mkt cap ! $39.69M | |||
| Open | High | Low | Value | Volume |
| 33.5¢ | 33.5¢ | 32.5¢ | $25.67K | 78.11K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 21844 | 32.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 33.0¢ | 8909 | 2 |
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| Last trade - 16.10pm 05/07/2024 (20 minute delay) ? |
| TOE (ASX) Chart |