"Appears that retail are selling while Goldman Sachs, UBS, JP Morgan, Morgan Stanley etc are loading up".
No. These are just nominee account and UBS etc hold the shares on behalf of their clients (which would mainly be retail). These institutions are not buying shares in their own name.
Most of the recent price rise is best explained by a serious case of FOMO.
2022 BRN Discussion, page-2231
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Last
21.0¢ |
Change
-0.005(2.33%) |
Mkt cap ! $389.7M | |||
| Open | High | Low | Value | Volume |
| 21.0¢ | 21.5¢ | 20.8¢ | $610.1K | 2.904M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 593140 | 21.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 21.5¢ | 560405 | 10 |
View Market Depth
| Last trade - 16.10pm 05/07/2024 (20 minute delay) ? |
| BRN (ASX) Chart |