The more I look at it, the more convinced I become, that fridays rush for MRE wasn't caused by the rush to buy the shares cum rights.
It was caused by short covering.
Anyway thats my theory now. The question is why. And the question is why none of the other posters seem to have had the same idea.
confirmed with mre record date is 10th nov ..., page-7
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Last
$1.98 |
Change
0.005(0.25%) |
Mkt cap ! $299.8M | |||
| Open | High | Low | Value | Volume |
| $1.98 | $1.98 | $1.98 | $280.4K | 141.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 11 | 162448 | $1.97 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.98 | 34828 | 3 |
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| Last trade - 14.38pm 13/11/2024 (20 minute delay) ? |
| MRE (ASX) Chart |