If he has taken 12% then price wouldn't be $1.4. there will be 12% less shares to trade and shorts have to cover at higher price. This is a bad situation now. We don't know what is his intentions now. He may dump his 4.9%. only positive from this drama is.. there is floor around $1.3. shorts will be bit more cautious.
If he has taken 12% then price wouldn't be $1.4. there will be...
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Last
$1.78 |
Change
-0.010(0.56%) |
Mkt cap ! $1.340B | |||
| Open | High | Low | Value | Volume |
| $1.78 | $1.79 | $1.76 | $3.430M | 1.934M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 43503 | $1.77 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.78 | 48116 | 6 |
View Market Depth
| Last trade - 16.10pm 05/07/2024 (20 minute delay) ? |
| RRL (ASX) Chart |