Fascinating insight. Thanks.
I to have been thinking about this ticker all day (lol)
But instead of who is selling... I am thinking... WHY IS HE BUYING SO MUCH SO FAST?
Going off of your equations above, that means since IPO they have increased their holding by a factor of 6 x ????.... And have been purchasing at significantly higher prices than at the IPO..... He is hungry that's for sure.
What WILL be interesting is if we do see a re-rate for one reason or another, will he hold onto ALL of these 10,000,000 shares? Time will tell.
Goodluck
Fascinating insight. Thanks. I to have been thinking about this...
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Last
14.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $15.32M | |||
| Open | High | Low | Value | Volume |
| 13.5¢ | 14.0¢ | 13.5¢ | $193 | 1.381K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 76140 | 13.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 14.0¢ | 14437 | 1 |
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| Last trade - 10.06am 02/07/2024 (20 minute delay) ? |
| NC1 (ASX) Chart |