way too many coincidences IMO ... continuing increase in volumes short sold whilst Brazil Farming accumulating.
Possible scenarios:
1. Brazil Farming acquiring shares, funding acquisition by "on-selling" ... maybe Mac Wank is involved..
2. A shorter is filling Brazil Farming's appetite.
Not sure I understand enough about terms of short contracts to mentally work through. Aggressive accumulation under the shadow of maybe a capital raise.... hmmm. But I'm sure I know at least 1 participant in the transaction. Need to think a little bit more about why ... certainly a very overt accumulation ... hmmmm Traversed 10% with ease so not about frustrating a suitor ... hmmm
have a great day
way too many coincidences IMO ... continuing increase in volumes...
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Last
17.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $287.5M | |||
| Open | High | Low | Value | Volume |
| 17.5¢ | 18.0¢ | 17.0¢ | $989.7K | 5.687M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 14 | 770602 | 17.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 18.0¢ | 841648 | 11 |
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| Last trade - 16.10pm 27/09/2024 (20 minute delay) ? |
| AMI (ASX) Chart |