I think one must also take into consideration that all investors (no matter to company) may need to realise assets (shares) to meet certain events that occur in everyday life and when its comes to shareholdings in listed companies the ASX offers liquidity to do so - potentially more immedately than other asset classes. It does not necassarily indicate a the seller is no longer interested / supportive of the ASX company in question.
In general, its good to see buyers that have a history in a stock re-enter 'on market' and IMHO it can only be viewed as a positive - considering the subject holder already had a material holding prior to the 'on market' buying that occurred over the past week or so.
Ann: Becoming a substantial holder, page-6
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Last
3.7¢ |
Change
-0.002(5.13%) |
Mkt cap ! $64.87M | |||
| Open | High | Low | Value | Volume |
| 3.8¢ | 3.8¢ | 3.7¢ | $16.72K | 449.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 75000 | 3.6¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 3.8¢ | 500000 | 1 |
View Market Depth
| Last trade - 15.30pm 03/05/2024 (20 minute delay) ? |
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Last
3.7¢ |
Change
-0.002 ( 2.63 %) |
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| Open | High | Low | Volume | ||
| 3.7¢ | 3.7¢ | 3.7¢ | 276527 | ||
| Last updated 12.59pm 03/05/2024 ? | |||||
| ZEO (ASX) Chart |