BOT 1.43% 35.5¢ botanix pharmaceuticals ltd

Bot Chart, page-1774

  1. 883 Posts.
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    Because investors need money for different reasons. Especially if you work for a fund etc.

    For example let's say Maven acquired 15m shares from the raise and sold 80% of them in the price range 21.5c - 24c they could still come out with a profit if they dumped on 21c and 20.5c. They also know that due to dropping the price psychologically (some) investors start to think something is wrong with their investment even though there has been no news to indicate that. Therefore, it can create downward pressure on the stock price from other investors or hitting stop losses. Hence, if they wanted back in they may be able to accumulate lower or if it holds then they have still made their small profit.
    Last edited by runaway: 21/08/19
 
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Last
35.5¢
Change
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Mkt cap ! $645.1M
Open High Low Value Volume
34.5¢ 35.5¢ 34.3¢ $1.009M 2.889M

Buyers (Bids)

No. Vol. Price($)
3 183450 34.5¢
 

Sellers (Offers)

Price($) Vol. No.
35.5¢ 274797 2
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Last trade - 16.10pm 31/10/2024 (20 minute delay) ?
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