There is no evidence that the institutions that participated in the CR have exited.
Rarely do institutions pull the plug within a few weeks of committing to a company. Let’s wait until the Top 20 is released next month to see who entered the Register. Institutions and Fund Managers do their due diligence before committing funds. Such practice would have been the case with the recent CR in my opinion.
Opportunistic Traders are the villains in the case of LINs shareprice decline. Obviously many existing shareholders have panicked and surrendered their holdings in fear of more losses. No other answer to recent trading patterns. The REE resource is still in Malawi awaiting exploitation.
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Last
9.3¢ |
Change
0.001(1.09%) |
Mkt cap ! $107.2M |
Open | High | Low | Value | Volume |
9.2¢ | 9.4¢ | 9.1¢ | $11.2K | 121.8K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 158892 | 9.1¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
9.3¢ | 171045 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 158892 | 0.091 |
4 | 321989 | 0.090 |
2 | 264719 | 0.089 |
1 | 100000 | 0.088 |
1 | 50000 | 0.087 |
Price($) | Vol. | No. |
---|---|---|
0.093 | 171045 | 1 |
0.094 | 88530 | 1 |
0.096 | 4317 | 1 |
0.097 | 71900 | 1 |
0.098 | 10752 | 1 |
Last trade - 15.59pm 06/11/2024 (20 minute delay) ? |
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LIN (ASX) Chart |