This amount of shares represented around 4.7% of shares, so on its own, I don't expect to see a sub notice unless the buyer already owns some which gets him above 5%.
TBH, this has probably been in the offing for some time, so we might see the balance of 90m shares get sold in the near term.
A buyer for such a large amount will want some "upside" with the purchase as I'm sure there weren't that many buyers in the queue to snap up 92m shares in AIS on one lick.
Similarly the psychology of the seller of the 92m, he couldn't offload in rapid fire without it seeing the 5's-6's again, so 7.9 represented an "excellent price".
The Dec. quarterly in January, backed up closely by the the first half financials in late February, will see AIS into the teens, IMO.
Nothing wrong with AIS folks.
DYOR.
Breakout.????, page-37
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Last
21.0¢ |
Change
-0.015(6.67%) |
Mkt cap ! $203.1M | |||
| Open | High | Low | Value | Volume |
| 22.0¢ | 22.0¢ | 20.5¢ | $690.1K | 3.245M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 203056 | 21.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 21.5¢ | 127714 | 4 |
View Market Depth
| Last trade - 16.10pm 01/11/2024 (20 minute delay) ? |
| AIS (ASX) Chart |