AKN 10.0% 1.8¢ auking mining limited

Ann: Becoming a substantial holder, page-12

  1. 10,102 Posts.
    lightbulb Created with Sketch. 966
    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.
 
watchlist Created with Sketch. Add AKN (ASX) to my watchlist
(20min delay)
Last
1.8¢
Change
-0.002(10.0%)
Mkt cap ! $4.236M
Open High Low Value Volume
1.8¢ 1.8¢ 1.8¢ $180 10K

Buyers (Bids)

No. Vol. Price($)
1 3000 1.8¢
 

Sellers (Offers)

Price($) Vol. No.
2.0¢ 62606 1
View Market Depth
Last trade - 13.37pm 10/05/2024 (20 minute delay) ?
AKN (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.