So I think the complaint is, if yr an institution and you have just been told you have received a fixed allocation of say 500k shares , then if this represents 6% of your current holding then you would sell down 500k of shares immediately at say where they were at$1.05- $1.10. lock in this profit, and you still have the same amount of shares that you originally had, but a nice entry at .91c for some.
hence there is currently selling pressure down to .91c . all those institutions with their fixed allocations able to sell. Us, well we don't know our allocation for a few weeks and by that time the premium will have evaporated. yes there are positive announcements, but for now....,DYOR...
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So I think the complaint is, if yr an institution and you have...
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Last
45.0¢ |
Change
0.010(2.27%) |
Mkt cap ! $184.7M |
Open | High | Low | Value | Volume |
44.0¢ | 45.0¢ | 43.5¢ | $132.8K | 300.4K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 13967 | 44.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
45.0¢ | 93684 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 13967 | 0.445 |
3 | 53000 | 0.440 |
3 | 33008 | 0.435 |
3 | 52580 | 0.430 |
5 | 51737 | 0.425 |
Price($) | Vol. | No. |
---|---|---|
0.450 | 93684 | 3 |
0.455 | 21978 | 1 |
0.460 | 50000 | 1 |
0.480 | 20800 | 1 |
0.500 | 21555 | 3 |
Last trade - 16.10pm 21/08/2024 (20 minute delay) ? |
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