You are spot on trader.
Many of the ongoing large sellers would be long term Syrah holders who got in before Dec 2011 and are now taking profits, and will do for some time. Those who took part in placements done at 15c and 60c in 2012 have done not too shabby either.
It shows you how significant Balama is as an asset that the market has been able to absorb the distribution that has been occurring, and yet the share price has not been badly damaged. In fact demand for the stock is clearly now on the rise as the projects fundamentals become more apparent.
cheers
gosouth
where's the big money?, page-13
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Last
29.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $294.9M | |||
| Open | High | Low | Value | Volume |
| 29.5¢ | 29.5¢ | 28.3¢ | $637.6K | 2.208M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 42303 | 28.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 29.0¢ | 161154 | 18 |
View Market Depth
| Last trade - 12.10pm 04/11/2024 (20 minute delay) ? |
| SYR (ASX) Chart |