That is also my understanding that Merchant don't use Shaws as a broker - they use UBS correct? And more importantly, perhaps their directors may also use UBS? UBS have a net buy in the table (bottom row) but they are the highest in the sell volume and in the buy. So that is the churn of which you speak. 2.4 mill of the 10.5 mill volume overall = 23% of all activity is attributed to UBS. That's a lot! Selling high, manipulating down and buying low. Then rinse and repeat.
We are ready for some news to change this pattern.
RAC - Charts & Price Action, page-17270
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Last
$1.84 |
Change
-0.025(1.34%) |
Mkt cap ! $313.3M | |||
| Open | High | Low | Value | Volume |
| $1.89 | $1.91 | $1.81 | $257.6K | 138.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 26825 | $1.84 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.90 | 759 | 1 |
View Market Depth
| Last trade - 16.10pm 21/06/2024 (20 minute delay) ? |
| RAC (ASX) Chart |