With volume over the last few days and factoring Shaws being approx 15% of sales, BG should be at 600k holding.
If current volume holds, BG should be off the register in 6 weeks or as long as it takes for 4m shares to be traded.
DCB should be continent hopping by then and rusted on retail holders should see the SP back at ATH in pretty quick time I would've thought. Can imagine $3.90 -$4.00 being a strong resistance level after people that bought in Mar '21 are able to break even.
With volume over the last few days and factoring Shaws being...
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Last
$1.45 |
Change
0.020(1.40%) |
Mkt cap ! $240.2M | |||
| Open | High | Low | Value | Volume |
| $1.43 | $1.46 | $1.38 | $98.78K | 69.68K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 1137 | $1.43 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.45 | 799 | 1 |
View Market Depth
| Last trade - 14.31pm 08/08/2024 (20 minute delay) ? |
| RAC (ASX) Chart |