Yeah totally agree it is a bit of a head scratcher and from an unknowledgable investor my guess it is instos doing deals as they forever do. Most likely a lot of accumulation that has been occurring in the last couple of months has been in anticipation of this rebalancing taking place and as they work in cahoots with each other the instos who get to this point of owning majority shares agree to offsell them back to their partners in whatever you want to call it. By doing it this way it prevents a mad scramble for shares and evades a massive push upwards of the SP.
Banter and general comments, page-8967
-
- There are more pages in this discussion • 30,031 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add CXO (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
11.0¢ |
Change
-0.010(8.33%) |
Mkt cap ! $235.0M | |||
| Open | High | Low | Value | Volume |
| 12.0¢ | 12.0¢ | 11.0¢ | $1.472M | 12.86M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 85 | 3844280 | 11.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 11.5¢ | 885371 | 12 |
View Market Depth
| Last trade - 16.10pm 16/07/2024 (20 minute delay) ? |
| CXO (ASX) Chart |