This is vaguely reminiscent of the sell-off by Oppenheimer a few weeks ago. Clearly, an insto (more than likely Merrill Lynch) are continuing to offload a large chunk of their holding and it's hard to blame them based on the convertible note pick-up price of 8c. 12 mil shares have been sold already this morning and SELL volumes have increased from 22mil to 28mil. Depending upon their desperation to offload their holding, I agree that we may see 16.5 to 17c in the next couple of days.
I'm certainly looking forward to the day when all this manouvering ceases and a general upward trend takes shape.
This is vaguely reminiscent of the sell-off by Oppenheimer a few...
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Last
77.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $176.7M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 650 | 78.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 79.5¢ | 6000 | 1 |
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| Last trade - 16.12pm 15/11/2024 (20 minute delay) ? |
| NDO (ASX) Chart |
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