I'm still wondering about this.. If it was some kind of ETF or index buyers, that explains the buying - but what about the sellers.. where did they suddenly appear from to facilitate like $45m of shares being traded at the close..?
no idea if this makes sense.. but a scenario that comes to mind could be that one or more of of the institutions that participated in the recent raise wanted out (selling at $1.30, they'd be picking up ~15% profit on the $1.15/share they paid), while another institution wanted in (or to increase an existing position) – and so, we have the buyer/s and seller/s, and they agreed to exchange the shares on the market, which is what we saw on Friday.
Really dunno if that is logical / makes sense.. just an uninformed hypothesis.. would be interested to hear what others more knowledgeable about the mechanics of these things reckon
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Last
$1.33 |
Change
0.090(7.29%) |
Mkt cap ! $1.155B |
Open | High | Low | Value | Volume |
$1.26 | $1.39 | $1.26 | $65.51M | 49.41M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 12000 | $1.31 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.33 | 321150 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 10000 | 1.310 |
1 | 3831 | 1.305 |
8 | 149336 | 1.300 |
3 | 102934 | 1.295 |
1 | 30000 | 1.290 |
Price($) | Vol. | No. |
---|---|---|
1.325 | 7092 | 1 |
1.330 | 3500 | 1 |
1.335 | 14788 | 3 |
1.340 | 44748 | 4 |
1.345 | 63129 | 5 |
Last trade - 16.10pm 30/08/2024 (20 minute delay) ? |
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