Australia's largest stock trading and investment forum Australia's #1 stock forum

SPR

Click for more information

6.90%

62.0¢ spartan resources limited

The Company stated it went to the instos as part of the...

First 31 Last

Share
Profile

Follow
CravenSpecialMild

1,128 Posts.

123

24/04/24

09:16

Post #: 73489505
Share

Originally posted by zebster: ↑

Yes, it went through as an on-market block trade ~1 hr prior to yesterday's open. Based on usual trading norms* you'd think that since it went through as a single trade then it went to a single buyer. If that assumption holds true, then it would trigger a F603 due sometime this week.

(*Just a bit of a caveat that I don't know the precise mechanics of the Block Trade facility. That is, whether multiple buy-side purchases from different buyers can be bundled together to match the single sell-side block offer. If that's possible and happened, then it's quite foreseeable there might be no inbound F603 (because multiple buyers and no new 5%+ holder). I tend to lean towards assuming the more traditional approach, being one buyer for one seller per on-market trade, regardless of the ASX platform the sale goes through.)

Expand

The Company stated it went to the instos as part of the placement, so unlikely a single buyer.

SPR Price at posting: 60.5¢ Sentiment: Hold Disclosure: Held
4 Upvote

0 Great analysis

Reply

There are more pages in this discussion • 1 more message in this thread...

First 31 Last

Add SPR (ASX) to my watchlist

(20min delay)
Last 62.0¢		Change 0.040(6.90%)		Mkt cap ! $672.8M

Open	High	Low	Value	Volume
58.5¢	62.0¢	58.5¢	$4.084M	6.778M

Buyers (Bids)

No.	Vol.	Price($)
3	994054	61.5¢

Sellers (Offers)

Price($)	Vol.	No.
62.5¢	46278	4

View Market Depth

No.	Vol.	Price($)
4	71165	0.610
5	78203	0.605
10	134500	0.600
4	117143	0.595
2	4389	0.590

Price($)	Vol.	No.
0.625	46278	4
0.630	97000	2
0.635	1000	1
0.640	28576	4
0.645	122600	3

Last trade - 16.10pm 10/05/2024 (20 minute delay)


Last 62.0¢			Change 0.040 ( 7.71 %)
Open	High		Low	Volume
58.5¢	62.0¢		58.5¢	2045723
Last updated 15.59pm 10/05/2024 ?

SPR (ASX) Chart