Many of the SI's will dump their shares at anything that gives them an average above the CR purchase price. This drives price back down to (and often a bit below) the CR price. Other SHs anticipate it happenning too and sell with the intention of buying back cheaper to increase their holding or profit while retaining (by buying back) the same number of shares. Happens a lot.
Ann: Placement and SPP alongside First European Offtake MOU, page-81
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 (20min delay)
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Last
13.0¢ |
Change
-0.005(3.70%) |
Mkt cap ! $277.8M | |||
| Open | High | Low | Value | Volume |
| 13.5¢ | 13.5¢ | 13.0¢ | $1.053M | 7.994M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 82 | 3473935 | 13.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 13.5¢ | 547510 | 19 |
View Market Depth
| Last trade - 16.10pm 31/05/2024 (20 minute delay) ? |
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Last
13.5¢ |
Change
-0.005 ( 0.15 %) |
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| Open | High | Low | Volume | ||
| 13.5¢ | 13.5¢ | 13.0¢ | 4882339 | ||
| Last updated 15.59pm 31/05/2024 ? | |||||
| CXO (ASX) Chart |