I hope you are right.
I think it is close to breakout out from 14c, however there may be a lot of supply around 17-20c from people who just want their money back. Hopefully 14c will be the new floor if that happens though.
In regards to accumulation the broker data over the last 5 sessions shows Goldman and Macquarie as the largest buyers, with all of the retail brokers being net sellers.
Ann: A$10m SPP Closes Substantially Oversubscribed, page-161
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Last
11.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $306.2M | |||
| Open | High | Low | Value | Volume |
| 10.5¢ | 11.0¢ | 10.5¢ | $537.4K | 4.990M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 78 | 7741775 | 10.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 11.0¢ | 4547121 | 20 |
View Market Depth
| Last trade - 16.10pm 28/05/2024 (20 minute delay) ? |
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Last
10.8¢ |
Change
0.000 ( 2.27 %) |
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| Open | High | Low | Volume | ||
| 10.8¢ | 11.0¢ | 10.5¢ | 3056918 | ||
| Last updated 15.59pm 28/05/2024 ? | |||||
| PEN (ASX) Chart |