they are not shorting a stock they bought for an average of 32.7 c on the 4th of October. In fact I would not be surprised to see them purchase more as if they had sold on the 5th and 6th, most would be sub 28.0 c. My assumption is they would have been taking a position on the stock. I would be very confident this will retest highs or at least generate volumes fo CS to exit if that was their aim. Normally they follow up with another chabge in substantial holding showing an increase. That proceeds a significant move before they exit.
Ann: Becoming a substantial holder, page-12
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Last
2.3¢ |
Change
0.000(0.00%) |
Mkt cap ! $5.413M | |||
| Open | High | Low | Value | Volume |
| 2.3¢ | 2.3¢ | 2.3¢ | $10 | 427 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 798782 | 1.9¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 2.3¢ | 75944 | 2 |
View Market Depth
| Last trade - 10.00am 26/04/2024 (20 minute delay) ? |
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Last
2.2¢ |
Change
0.000 ( 10.0 %) |
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| Open | High | Low | Volume | ||
| 2.2¢ | 2.2¢ | 2.2¢ | 18000 | ||
| Last updated 14.19pm 26/04/2024 ? | |||||
| AKN (ASX) Chart |