Could do. I'm sure all of those instos have a target price on the stock and if it gets overvalued compared to their target price, they'll sell. They could sell for a number of reasons too (other movements in their portfolios causing a need to rebalance, etc).
Right now, it's a nice show of confidence that they want in. Either that's driven by an expectation that the SP is going to increase if GRB can keep performing, or they think GRB is an acquisition target. The patience timeline on both of those scenarios is different... the common denominator is that they are buying in to make money. I like that
Could do. I'm sure all of those instos have a target price on...
Add GDA (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
28.5¢ |
Change
-0.010(3.39%) |
Mkt cap ! $37.65M | |||
| Open | High | Low | Value | Volume |
| 28.5¢ | 29.5¢ | 28.0¢ | $14.91K | 52.65K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1508 | 28.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 30.0¢ | 20547 | 5 |
View Market Depth
| Last trade - 15.46pm 16/05/2024 (20 minute delay) ? |
|
|||||
|
Last
28.0¢ |
Change
-0.010 ( 1.75 %) |
||||
| Open | High | Low | Volume | ||
| 28.5¢ | 28.5¢ | 28.0¢ | 20600 | ||
| Last updated 15.17pm 16/05/2024 ? | |||||
| GDA (ASX) Chart |