Bell Potter was the cause of the sell off.
Their clients got in on the IPO and dumped.
I have pulled the data and you can see Bell Potter seem to have run out of ammo as the week went on.
Morrion bought big on the opening day and since then, they have been the 2nd biggest net seller, until Thursday when they became the leader!!
I will update for this week from tomorrow.
I88 is over sold and nearly everyone who bought is underwater, hence there is next to zero selling volume today.
I am sure we will get some news from the company in due course.
T20 hold 70% of the 61m shares on issue and a significant chunk is escrowed for 2 years!!
charts and analysis, page-15
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 (20min delay)
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Last
15.0¢ |
Change
-0.015(9.09%) |
Mkt cap ! $5.697M | |||
| Open | High | Low | Value | Volume |
| 17.0¢ | 17.0¢ | 15.0¢ | $3.825K | 23.49K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 30000 | 14.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 17.5¢ | 5000 | 1 |
View Market Depth
| Last trade - 15.53pm 25/06/2024 (20 minute delay) ? |
| I88 (ASX) Chart |