In all those examples you had majority shareholders that could trigger sell downs if they wanted to exit or loan shares out to shorters
As far as I can see there is no current holder even close to 5%
I am not sure there is a company so evenly spread inside the ASX 300
Maybe 2-3-4 of them are trying to build a position, selling to try and buy more back but the others are keeping the price action too strong.
I don't think any of the big American companies have tried to take a position as yet
It would be a mix of traders and fund managers advanced in forward looking companies
I've mentioned Frazis on here before, with who I have a sophisticated investment within his fund that has covered it and invested and he is a smart cookie but has rigid framework for investing. His fund is up 80% from memory for the calender year or maybe the FY just gone.
In all those examples you had majority shareholders that could...
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Last
$1.24 |
Change
0.055(4.66%) |
Mkt cap ! $1.077B | |||
| Open | High | Low | Value | Volume |
| $1.18 | $1.25 | $1.16 | $13.08M | 10.80M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 5865 | $1.23 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.24 | 37064 | 3 |
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| Last trade - 16.10pm 23/08/2024 (20 minute delay) ? |
| DRO (ASX) Chart |