This is exactly what I expected and has been mentioned in one way or another by myself and other posters. Retail investors have been played for months to accumulate a substantial holding by yet another institutional investor. Just check the next presentation to see how much more retail holding has been grabbed.
This is a good sign and bodes well for future price action.
PS ... I am not selling and recommend you hold
Ann: Becoming a substantial holder, page-5
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Last
$1.26 |
Change
0.105(9.13%) |
Mkt cap ! $488.2M | |||
| Open | High | Low | Value | Volume |
| $1.21 | $1.28 | $1.18 | $6.755M | 5.487M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 19991 | $1.26 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.28 | 6335 | 2 |
View Market Depth
| Last trade - 16.10pm 13/09/2024 (20 minute delay) ? |
| CHN (ASX) Chart |