I certainly don't pretend to have the right answer but something that occurred to me is that perhaps it was always tight - pre and post consolidation given the hands the shares were in. The price is now perhaps regaining lost ground because the (purported) selling pressure from Lanstead has gone.
I still think it is tight, thats not changed, perhaps just the selling pressure has been removed.
Question - If this appreciation keeps happening, this might show up on radars, with people seeing the underlying fundamentals? A good thing?
Price Movement, page-62
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 (20min delay)
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Last
$16.57 |
Change
2.170(15.1%) |
Mkt cap ! $2.117B | |||
| Open | High | Low | Value | Volume |
| $14.85 | $16.67 | $14.60 | $24.77M | 1.544M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1500 | $16.52 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $16.57 | 1717 | 1 |
View Market Depth
| Last trade - 16.10pm 08/11/2024 (20 minute delay) ? |
| NEU (ASX) Chart |