If those shares traded on market, it was a shakeout. It flushed out all the floating supply.
Why did the SP turn around, because who ever was selling stopped selling?
A day later SRL even had to respond to the ASX about the trading volume.
Who was sitting in the wings and bought all those shares, they new Hylea would dump them and they used that to move the market.
Chart, page-634
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 (20min delay)
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Last
67.0¢ |
Change
-0.050(6.94%) |
Mkt cap ! $60.45M | |||
| Open | High | Low | Value | Volume |
| 70.0¢ | 70.5¢ | 66.5¢ | $24.41K | 35.57K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 119 | 67.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 72.0¢ | 2889 | 2 |
View Market Depth
| Last trade - 16.10pm 29/04/2024 (20 minute delay) ? |
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Last
67.0¢ |
Change
-0.050 ( 5.63 %) |
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| Open | High | Low | Volume | ||
| 70.5¢ | 71.0¢ | 67.0¢ | 10164 | ||
| Last updated 15.34pm 29/04/2024 ? | |||||
| SRL (ASX) Chart |