I see no evidence of capping at the present moment. The original run from 240-310 I did notice someone capping at the lower level, but not right now.
The selling is strange, it's as if every day a different broker decides to sell. But what has been constant are the brokers that are buying. Especially Morgan stanley.
Right now if I had to guess, it's a case of brokers exiting that don't want to hold a PM stock into production, and some brokers entering that do. Consider it a turn-over of the register, everyone who wants to stay for the next 2-5 years is getting set, those who want to leave are exiting.
No need to over think it with speculations of Take overs etc.
I see no evidence of capping at the present moment. The original...
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Last
$4.20 |
Change
-0.030(0.71%) |
Mkt cap ! $1.173B | |||
| Open | High | Low | Value | Volume |
| $4.30 | $4.38 | $4.19 | $4.081M | 955.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 45250 | $4.19 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $4.26 | 59879 | 3 |
View Market Depth
| Last trade - 16.10pm 04/11/2024 (20 minute delay) ? |
| ADT (ASX) Chart |