Because then they have to pay increasingly high prices as their buying pressure forces the share price up, keep in mind they aren't looking to have $20k share holdings, they want large holdings. I don't like it as much as you but that's how it goes, companies need money to grow, these instos want a good entry price and size.
Ann: Trading Halt, page-74
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Last
76.5¢ |
Change
-0.015(1.92%) |
Mkt cap ! $51.41M | |||
| Open | High | Low | Value | Volume |
| 79.0¢ | 79.0¢ | 76.5¢ | $30.23K | 39.13K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 12500 | 76.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 77.0¢ | 10000 | 1 |
View Market Depth
| Last trade - 12.50pm 02/09/2024 (20 minute delay) ? |
| VMM (ASX) Chart |