ARQ did issue 32m shares to institutionals @ $1.40 in late June.
If some of those institutions are selling down now, they have realized a 14% profit in one month. ARQ is down from $1.80 on 18 June. So, perhaps some news-related selling, but no doubt some opportunistic selling from institutions booking quick gains, as well.
where do they come from ... , page-7
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Last
14.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $44.26M | |||
| Open | High | Low | Value | Volume |
| 14.5¢ | 14.8¢ | 14.5¢ | $14.50K | 99.82K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 1828966 | 14.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 15.0¢ | 3419686 | 23 |
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| Last trade - 16.10pm 27/09/2024 (20 minute delay) ? |
| 5GN (ASX) Chart |