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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 (20min delay)
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Last
$1.69 |
Change
-0.020(1.17%) |
Mkt cap ! $107.7M | |||
| Open | High | Low | Value | Volume |
| $1.70 | $1.72 | $1.66 | $523.1K | 309.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 200 | $1.69 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.71 | 5614 | 1 |
View Market Depth
| Last trade - 16.10pm 21/05/2024 (20 minute delay) ? |
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Last
$1.70 |
Change
-0.020 ( 0.71 %) |
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| Open | High | Low | Volume | ||
| $1.69 | $1.72 | $1.68 | 12748 | ||
| Last updated 15.48pm 21/05/2024 ? | |||||
| VMM (ASX) Chart |