Interesting way to increase your holdings by 7mill shares. Lots of trading in and out over the last 5 months which I haven’t really seen before in accumulating.
I guess we know why this hasn’t been allowed to close over 90c now and where all those infuriating bot trades were coming from.
Upgrade announcement came out on the 4th and his accumulation was finished by the 5th and that’s when the support bids disappeared and the price slipped.
Don’t necessarily agree with the bot trading as I reckon it gives those with money an unfair advantage but the flip side is the major stakeholders are backing themselves and us and the more they increase their holdings the less free float to fight over and the greater chance of a significant premium in any takeover (potentially). IMO
Interesting way to increase your holdings by 7mill shares. Lots...
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Last
39.0¢ |
Change
-0.010(2.50%) |
Mkt cap ! $195.5M | |||
| Open | High | Low | Value | Volume |
| 40.5¢ | 42.0¢ | 39.0¢ | $249.2K | 617.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 41768 | 39.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 39.5¢ | 22765 | 3 |
View Market Depth
| Last trade - 14.48pm 24/04/2024 (20 minute delay) ? |
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Last
39.0¢ |
Change
-0.010 ( 5.41 %) |
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| Open | High | Low | Volume | ||
| 42.0¢ | 42.0¢ | 39.0¢ | 470936 | ||
| Last updated 15.03pm 24/04/2024 ? | |||||
| CTM (ASX) Chart |