I don't understand the mechanics of it. Typically when one looks at the sellers side of the market you get something like 17 people selling 100,000 shares at price point X and then next bundle of sellers selling 200,000 shares at price point Y and then next bundle of 500,000 at price Z etc. So to get to But to get to 11.6M shares,the price would move a minimum of at least 20 price points upwards. But this was all done at one price point ($1.355). How does that happen. I assume there's some off market agreement between 2 specific parties but then couldn't they do it privately instead of through the ASX? Does anyone know how this works?
DEG, page-237
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Last
$1.17 |
Change
-0.015(1.27%) |
Mkt cap ! $2.701B | |||
| Open | High | Low | Value | Volume |
| $1.18 | $1.20 | $1.17 | $23.59M | 20.14M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 9 | 106354 | $1.17 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.17 | 956281 | 6 |
View Market Depth
| Last trade - 16.10pm 17/05/2024 (20 minute delay) ? |
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Last
$1.17 |
Change
-0.015 ( 0.80 %) |
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| Open | High | Low | Volume | ||
| $1.18 | $1.20 | $1.17 | 6245928 | ||
| Last updated 15.59pm 17/05/2024 ? | |||||
| DEG (ASX) Chart |