By the way Ali, these smaller sellers can only sell once, much of that float will find its way into long term holders.
Something else that has not been factored in is the selling of unmarketable parcels, that will clean things out as well, IMO.
I am not so sure about the Loyalty Option holders selling their primary holdings, perhaps some, but not many.
I actually don't care who sells, they can only sell once and that has the net effect of raising the overall cost base, a good thing IMO.
RED
Ann: Notice of Annual General Meeting/Proxy Form, page-16
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Last
1.9¢ |
Change
-0.001(5.00%) |
Mkt cap ! $4.056M | |||
| Open | High | Low | Value | Volume |
| 2.0¢ | 2.0¢ | 1.9¢ | $16.02K | 818.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 234049 | 1.9¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 2.0¢ | 65512 | 1 |
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| Last trade - 16.10pm 14/06/2024 (20 minute delay) ? |
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Last
1.9¢ |
Change
-0.001 ( 0.00 %) |
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| Open | High | Low | Volume | ||
| 2.0¢ | 2.0¢ | 1.9¢ | 90578 | ||
| Last updated 15.49pm 14/06/2024 ? | |||||
| GRL (ASX) Chart |