Is it the banks holding the price up to ensure they can get away...

  1. 417 Posts.
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    Is it the banks holding the price up to ensure they can get away a large cap raise in the future?

    Large debt, losing money, there was not much to like about this report but it suddenly went from open 50c to 70c+ on 15 million shares turning over.

    Somethings strange with this price action.
 
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(20min delay)
Last
$50.77
Change
0.100(0.20%)
Mkt cap ! $20.66B
Open High Low Value Volume
$50.48 $50.80 $50.01 $16.23M 321.3K

Buyers (Bids)

No. Vol. Price($)
2 2035 $50.48
 

Sellers (Offers)

Price($) Vol. No.
$50.80 1523 1
View Market Depth
Last trade - 16.10pm 11/07/2025 (20 minute delay) ?
SGH (ASX) Chart
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