Price suppression was given knowing the upcoming CN conversion.
Pity AVR trading volume is so light, the sell down is being achieved by a very small volume. The sophisticated only wants the pie when offered in heavy discount.
Needs a good news otherwise the Mercer sits as a barrier until the conversion done n dusted. Hopefully they wouldn’t push the price too much otherwise another biggie come forward to get another pie in the discounted price to dilute themselves (Mercer).
Price suppression was given knowing the upcoming CN...
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Last
$11.51 |
Change
-0.710(5.81%) |
Mkt cap ! $240.3M | |||
| Open | High | Low | Value | Volume |
| $12.20 | $12.22 | $11.21 | $144.0K | 12.31K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 179 | $11.51 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $12.21 | 600 | 1 |
View Market Depth
| Last trade - 14.46pm 21/10/2024 (20 minute delay) ? |
| AVR (ASX) Chart |