Nothing is guaranteed of course, but usually yes, big players who have bought in at $5 will not want to see their investment head lower for too long, so are likely able to prop the share price, especially with illiquid stocks where that's possible. There’s also no discount here for a quick profit either.
Ann: Successful completion of tranche 1 of $53 million placement, page-15
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Last
95.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $79.22M | |||
| Open | High | Low | Value | Volume |
| 94.5¢ | 95.0¢ | 94.5¢ | $121.4K | 128.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 3049 | 94.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 95.0¢ | 4587 | 1 |
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| Last trade - 15.33pm 19/08/2024 (20 minute delay) ? |
| LRK (ASX) Chart |