Why would they try and drive prices up, if they're looking to accumulate? Wouldn't they want to accumulate at the cheapest possible price? Or with the current sell side was that not possible?
Please explain as I have no idea about accumulation strategies used and don't know how to spot it. With my limited experience I've noticed with MSB that the price would get driven down and then accumulation would happen.
RAC Charts, page-1446
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 (20min delay)
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Last
$1.70 |
Change
0.050(3.03%) |
Mkt cap ! $289.6M | |||
| Open | High | Low | Value | Volume |
| $1.66 | $1.70 | $1.63 | $181.9K | 109.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 11946 | $1.70 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.75 | 27579 | 4 |
View Market Depth
| Last trade - 16.10pm 30/08/2024 (20 minute delay) ? |
| RAC (ASX) Chart |