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
21.8¢ |
Change
0.008(3.57%) |
Mkt cap ! $367.9M | |||
| Open | High | Low | Value | Volume |
| 21.5¢ | 22.0¢ | 21.0¢ | $204.8K | 953.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 27 | 798767 | 21.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 22.0¢ | 828958 | 23 |
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| Last trade - 13.41pm 18/07/2024 (20 minute delay) ? |
| AMI (ASX) Chart |