If there is a Fund/Buyer taking or increasing a position then in this scenario it will be for a blocking position then there will be a share price number they will be looking at as a maximum, they will be buying strategically not to much to quickly as they snare sellers slowly but surely without increasing the price to quickly. I hope that the sellers dry up before the buyer reaches their quota.
Lets face it every holder who is a potential seller will have a exit number in mind, once the volumes that trade on market start to reduce and they will at some stage, so once we get to that point hopefully with a much higher price than where we finished on Friday will put serious pressure on the offer price.
If the above scenario plays out and RG is stuck at around 85%, then it’s game on!
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Last
77.5¢ |
Change
-0.025(3.13%) |
Mkt cap ! $275.4M |
Open | High | Low | Value | Volume |
81.0¢ | 81.0¢ | 75.0¢ | $3.499K | 4.448K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 5082 | 75.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
80.0¢ | 1774 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 5082 | 0.755 |
1 | 10000 | 0.730 |
1 | 75000 | 0.725 |
1 | 10000 | 0.710 |
1 | 2200 | 0.700 |
Price($) | Vol. | No. |
---|---|---|
0.800 | 1774 | 1 |
0.820 | 6606 | 1 |
0.830 | 5300 | 1 |
0.835 | 2615 | 1 |
0.840 | 2070 | 2 |
Last trade - 16.10pm 18/11/2024 (20 minute delay) ? |
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