If we look at the closing offer/bid level last 2 days that tells it all.
Very low volume and now only 1 seller at 43.5c of $20k, pathetic.
It means the retailers arent here, its all INSTOs trading with INSTOs now.
If it was retailers you would see 10-20 bids/offers either side around $20k each, you wouldnt see $1M trades.
That $1M capping seller at 40.5c was smashed to bits and now its 43.5c, imagine how he feels smashing his head on the wall now or if its a hedgie kid with the pit boss escorting him outside with his pink slip.
His pain will be even greater when its 52c-69c but the accumulating INSTO buyers gain just like at 33c.
Those accumulating INSTOs at 29c-43c that we know of such as Van Eck, Ruffer Aust Super are in the black and soon when the gapup confirmation corroborates their strategy (which they may even generate engineer themselves) it will be euphoria and catch up buy the others.
Its great that there are so many doubters and critics like colinchi & nordemsic as they are clueless and judging PRU on its past not its future, the only ones we need to worry about are those accumulating INSTOs and our top 3 holders when their selling target points are met which is nowhere near that right now.
Seen this before in PRU every year, just wait and see. This will be the breakout year imho.
PRU is the "top 2 growth stock on the ASX in 2018"
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institutional buying has kicked in, page-25
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Last
$2.44 |
Change
-0.010(0.41%) |
Mkt cap ! $3.357B |
Open | High | Low | Value | Volume |
$2.46 | $2.50 | $2.44 | $9.841M | 4.006M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
6 | 106498 | $2.44 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$2.47 | 51717 | 4 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
6 | 106498 | 2.440 |
5 | 149940 | 2.430 |
2 | 72586 | 2.420 |
3 | 20997 | 2.410 |
7 | 33644 | 2.400 |
Price($) | Vol. | No. |
---|---|---|
2.470 | 51717 | 4 |
2.480 | 83983 | 3 |
2.490 | 18707 | 2 |
2.500 | 57461 | 5 |
2.510 | 28141 | 4 |
Last trade - 16.10pm 06/09/2024 (20 minute delay) ? |
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PRU (ASX) Chart |