KCN 6.43% $1.31 kingsgate consolidated limited.

Can't understand the antics at closing.. there was initially...

  1. 1,225 Posts.
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    Can't understand the antics at closing.. there was initially 500k sell at 1.37 and then 1.5m bid at $1.45 hit.. the 500k seller than lifted the sell bid to $1.48. The $1.45 bid drag the sp from $1.405 prior to closing.

    if it was a takeover... I would think it be a gradual buying/accumulating to get to 19.99% equity stake
    Last edited by ecker: 29/01/24
 
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