Remember Joe, the cash being exchanged here is small. It could be no more than a couple of people getting over enthusiastic topping up their super fund. The buy depth is good though, and it will get impatient when there looks to be less and less chance of being hit. Also, with such a low churn as this stock has, it is possible whomever they are buying, and probably not restricted by the laws of the ASX, could be picking up stock in an anticipation of a re-rate. They will know when an announcement is due, and quite probably have an idea of the effect.
Just a stab in the dark, though it would be hard to acquire a decent position without forcing it above 35c at least.
Next leg up, page-15
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Last
48.0¢ |
Change
0.060(14.3%) |
Mkt cap ! $794.5M | |||
| Open | High | Low | Value | Volume |
| 42.5¢ | 48.5¢ | 42.0¢ | $1.618M | 3.552M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 111500 | 43.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 48.5¢ | 120759 | 3 |
View Market Depth
| Last trade - 16.10pm 07/11/2024 (20 minute delay) ? |
| PGC (ASX) Chart |