my thoughts....perhaps he's not trying to accumulate at all...he knows theres a fairly good chance no one will offload 10mill shares at such a loss(there has been light trade volumes around the current price) so i beleive he is just trying to instill a bit of buyer confidence in the stock and help the SP get back up(which is what is happening)...he/she probably owns multi millions and may try to sell when the SP is back around his buy price...probably between the 8-12c range...
any comments on this theory?
my thoughts....perhaps he's not trying to accumulate at all...he...
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Last
0.6¢ |
Change
0.001(10.0%) |
Mkt cap ! $1.713M | |||
| Open | High | Low | Value | Volume |
| 0.6¢ | 0.6¢ | 0.5¢ | $10.50K | 2.007M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 2679576 | 0.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.6¢ | 663661 | 1 |
View Market Depth
| Last trade - 15.13pm 28/06/2024 (20 minute delay) ? |
| PRM (ASX) Chart |