Volume has dropped off but price has gone up. My guess is either an off-market buyer of seed shares had been taking profit and is now done, or someone(s) savvy had been soaking up seed shares on-market throughout March and has now finished taking a tidy profit out of that. Now few of us want to sell so anyone wanting in will need to be willing to push up the price substantially. Price is as much about the supply/demand ratio as it is about the intrinsic value of a thing.
Ann: Q3FY19 Activities Update and Appendix 4C, page-97
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Last
$2.50 |
Change
0.080(3.31%) |
Mkt cap ! $472.2M | |||
| Open | High | Low | Value | Volume |
| $2.42 | $2.54 | $2.41 | $1.358M | 543.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 4262 | $2.50 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.52 | 27000 | 2 |
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| Last trade - 16.10pm 09/07/2024 (20 minute delay) ? |
| WBT (ASX) Chart |