Its looking like a major accumulation day for fundies/instos. And with those sorts of days the price gets pushed higher to extract sellers, then in the next day or two, they'll withdraw their buying and allow the SP to drop (prob back to 50-52c) whereby the sellers build and then back they come to buy/scoop'em up.
Discl: I have a buy order in at 50.5 (and 47.5 and 42), again happy to add to my large holding, with view to sell that small buy at likely 58.5. (that's what I call "the ARU cycle"), Addit: building up funds for my child's overseas trip later this year.
Its looking like a major accumulation day for fundies/instos....
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Last
17.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $418.9M | |||
| Open | High | Low | Value | Volume |
| 17.0¢ | 17.5¢ | 16.5¢ | $541.7K | 3.181M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 36 | 863181 | 17.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 17.5¢ | 3746193 | 33 |
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| Last trade - 14.29pm 27/09/2024 (20 minute delay) ? |
| ARU (ASX) Chart |