"Makes it difficult to take a large position?"
Sure, but nobody is being prevented from accumulating. Either, you nibble away over a long period of time or you commit to driving the share price up as you accumulate. It's not rocket science. What happens when finance is announced and there is a re-rating of the share price? Those who took the time to accumulate will be rewarded. SRL will join the indices and all those passive index funds will have to buy on market. There will be an opportunity for distribution.
Chart, page-686
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Last
50.5¢ |
Change
-0.050(9.01%) |
Mkt cap ! $45.56M | |||
| Open | High | Low | Value | Volume |
| 55.0¢ | 55.5¢ | 50.5¢ | $39.59K | 73.80K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 13999 | 50.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 55.0¢ | 46148 | 1 |
View Market Depth
| Last trade - 16.10pm 29/05/2024 (20 minute delay) ? |
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Last
51.5¢ |
Change
-0.050 ( 8.04 %) |
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| Open | High | Low | Volume | ||
| 55.5¢ | 55.5¢ | 51.5¢ | 13610 | ||
| Last updated 15.59pm 29/05/2024 ? | |||||
| SRL (ASX) Chart |