It makes definite sense, but is a complex trade and far out of reach of us mere retailers.
Price action of late has me curious, with pips to the downside, the larger buys on the next pip up.
Unsure if someone is trying to sell into any strength, or buying.
I have been away from my iress access for a while, but even CommSec shows evidence over the hundred trades.
For close to a year now, the SP has been under pressure, so it would be great to see some sort of fundamental upside to the company, instead of relying on external market forces...
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 (20min delay)
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Last
62.5¢ |
Change
-0.030(4.58%) |
Mkt cap ! $553.9M | |||
| Open | High | Low | Value | Volume |
| 66.0¢ | 66.0¢ | 61.0¢ | $2.280M | 3.628M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 86376 | 62.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 62.5¢ | 180867 | 5 |
View Market Depth
| Last trade - 16.21pm 25/07/2025 (20 minute delay) ? |
| MLX (ASX) Chart |