"I agree,someone wants a fair amount of prr maybe will come up as a change in substantial holding,im happy to hold these a few years,cheers".
Lawsons, I think that too much is being made of the possibility of some big player accummulating. In my option there are two reasons for the reduction in the share price - afterall less than 5 million shares have been traded today:
1. On Friday, over 41 million shares changed hands. Some of the buyers/holders on Friday are now very dissapointed with the price action since then and are moving on.
2. Also don't forget the Springtree factor. In approx 10 days they will be receiving there monthly allocation. They are now (as they have done over the past 10 months - IMO) working to ensure that they receive the allocation at the lowest price possible.
I don't expect to see any announcement that a substantial holder has emerged.
As I have said time and time again, I believe, that we need to wait for announcements from the company, before we see any substantial price increase in the share price.
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- don't be dissapointed, much to look forward to
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Last
31.0¢ |
Change
0.020(6.90%) |
Mkt cap ! $450.9M |
Open | High | Low | Value | Volume |
29.0¢ | 31.5¢ | 29.0¢ | $1.805M | 5.903M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
4 | 193400 | 30.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
31.0¢ | 1000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
4 | 193400 | 0.305 |
4 | 51236 | 0.300 |
2 | 49237 | 0.295 |
3 | 66656 | 0.290 |
4 | 118595 | 0.285 |
Price($) | Vol. | No. |
---|---|---|
0.320 | 199990 | 9 |
0.325 | 271463 | 4 |
0.330 | 111100 | 3 |
0.335 | 159207 | 4 |
0.340 | 150000 | 3 |
Last trade - 16.10pm 11/11/2024 (20 minute delay) ? |
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