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
Ann: FY19 Results and Progress Update, page-49
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Last
32.0¢ |
Change
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Mkt cap ! $42.28M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 7000 | 31.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 33.5¢ | 16665 | 3 |
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| Last trade - 07.00am 06/06/2024 (20 minute delay) ? |
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Last
32.0¢ |
Change
0.000 ( 1.54 %) |
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| Open | High | Low | Volume | ||
| 32.0¢ | 32.0¢ | 32.0¢ | 7491 | ||
| Last updated 13.20pm 05/06/2024 ? | |||||
| GDA (ASX) Chart |
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