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?
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Last
$1.10 |
Change
-0.040(3.52%) |
Mkt cap ! $2.539B | |||
| Open | High | Low | Value | Volume |
| $1.13 | $1.14 | $1.10 | $5.699M | 5.141M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 22 | 251978 | $1.10 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.10 | 11889 | 2 |
View Market Depth
| Last trade - 16.10pm 03/06/2024 (20 minute delay) ? |
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Last
$1.10 |
Change
-0.040 ( 3.06 %) |
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| Open | High | Low | Volume | ||
| $1.13 | $1.14 | $1.10 | 1225334 | ||
| Last updated 15.59pm 03/06/2024 ? | |||||
| DEG (ASX) Chart |