Correct Blackgold, by my calculations it appears substantial shareholders combined have sold a net 15,000,000 shares in the last 6 months, Westpac Custodial accounting for a whopping 9,400,000 of them. One could postulate that mainly because 1 top 20 shareholder decided to sell down almost 5% of the issued shares for whatever reason, it has been a major contributor to the share price being where it is now.
Imagine if major selling suddenly stopped or a rising tide of buyers absorbed the daily sell quota.....
frankland .. 35 metres hydrocarbons, page-9
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Last
15.5¢ |
Change
0.005(3.33%) |
Mkt cap ! $48.52M | |||
| Open | High | Low | Value | Volume |
| 15.0¢ | 15.5¢ | 15.0¢ | $28.29K | 188.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 19 | 6878658 | 15.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 15.5¢ | 1783220 | 24 |
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| Last trade - 16.10pm 18/07/2024 (20 minute delay) ? |
| 5GN (ASX) Chart |