so 14c broke? well well! i just hate being right in situ's like these. all my loading up between 14 & 15 over recent weeks does not look too bright now!
Strat
u say WF held 98.2M, falling to 61.9M on 17 aug. WF sold 13.69M between 6/8 and 14/8, There have only been 8 trading days since the 14/8, so at that rate
8/6x13.69= 18.25m sold 'til now. hence, 61.9-13.7= 48.2m left. this means that they have only sold half of what they held in feb. at the same rate it'll take another 48.2/13.7x7/8 =3.1 weeks to offload the lot.
if that's what they intend to do, it wmay well destroy the sp beyond 12c imho.
hopefully, that is not their intention!
so 14c broke? well well! i just hate being right in situ's like...
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Last
80.0¢ |
Change
-0.090(10.1%) |
Mkt cap ! $182.4M | |||
| Open | High | Low | Value | Volume |
| 85.0¢ | 89.0¢ | 80.0¢ | $82.78K | 98.71K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 15000 | 82.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 85.5¢ | 10034 | 1 |
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| Last trade - 14.16pm 05/09/2024 (20 minute delay) ? |
| NDO (ASX) Chart |