No they are grinding out low risk relatively high return on holding to collect 5.5.
it is a basic hedge fund strategy.
they need the bid to go through and are betting on it
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Last
85.5¢ |
Change
-0.065(7.07%) |
Mkt cap ! $209.8M | |||
| Open | High | Low | Value | Volume |
| 85.5¢ | 85.5¢ | 85.5¢ | $8.204K | 9.595K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 20000 | 86.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 90.0¢ | 21666 | 2 |
View Market Depth
| Last trade - 11.05am 05/08/2024 (20 minute delay) ? |
| NDO (ASX) Chart |