IMO, I believe that this buying is good for us small shareholders.
My understanding is that a lot of the large trading is hedge funds moving into the stock, which is common once a bid (potential) bid has been announced.
interesting buy side this morning, page-15
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 (20min delay)
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Last
1.1¢ |
Change
0.002(22.2%) |
Mkt cap ! $16.22M | |||
| Open | High | Low | Value | Volume |
| 1.0¢ | 1.1¢ | 1.0¢ | $132.1K | 12.59M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 8000000 | 1.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.1¢ | 11187842 | 6 |
View Market Depth
| Last trade - 16.10pm 02/09/2024 (20 minute delay) ? |
| EXT (ASX) Chart |