That is correct yes, and there is nothing sinister in seeking to buy stock at the best price, in the end they are doing us a favor by tightening the register
What I was saying though is it doesn't benefit them to let the vwap fall as it restricts the highest price they can pay, it is just a consequence of them trying to get cheap stock
Looks like oil sentiment is over weighing on fundamentals here, selling well under cash backing and no value attributed to the assets = capitulation
That is correct yes, and there is nothing sinister in seeking to...
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Last
$1.12 |
Change
0.000(0.00%) |
Mkt cap ! $39.81M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 2616 | $1.10 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.13 | 19000 | 1 |
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| Last trade - 16.12pm 12/07/2024 (20 minute delay) ? |
| NGE (ASX) Chart |
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