Id say its a big fund getting set and balancing the initial $22 position. They know free float is small so that will get a chunk and then back away and lets it settle. Capital coming in will want more from the TDM selldown if above 26.40 for 3 weeks. Crazy price here but can stay up for a few days. sub $20 in 6 months i reckon.
Id say its a big fund getting set and balancing the initial $22...
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$30.00 |
Change
1.190(4.13%) |
Mkt cap ! $3.042B | |||
| Open | High | Low | Value | Volume |
| $28.90 | $30.00 | $28.90 | $1.779M | 59.49K |
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| No. | Vol. | Price($) |
|---|---|---|
| 1 | 44 | $29.84 |
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| Price($) | Vol. | No. |
|---|---|---|
| $30.00 | 9365 | 11 |
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| GYG (ASX) Chart |