Fully agree with all that you have said L2B1. Iv'e also have a feeling that the balance (13,679,013 rts they hold/held) of the 41,769,013 may have been sold in the period 28th to the 30 April inclusive.This was 0.002 and 0,001 were buyers bids and there were a several 'dumps' to unload.
The highlighted ranges show tha a serious seller could find depth to off-load some larger holdings. They now be unable to get the market depth in the rights to unload the 25mill causing the seller to consider an equivalent sale of the heads.
Your points are well merited .
Cheers
Ann: Rights Commence Trading, page-45
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Last
0.2¢ |
Change
-0.001(20.0%) |
Mkt cap ! $17.17M | |||
| Open | High | Low | Value | Volume |
| 0.2¢ | 0.2¢ | 0.2¢ | $7.027K | 3.513M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 167 | 144696372 | 0.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.3¢ | 73484494 | 49 |
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| Last trade - 10.04am 25/07/2024 (20 minute delay) ? |
| LPD (ASX) Chart |