Yes i watched the trading on Friday, the buyers who pushed us up to 10.5 were not keen to go any higher. Most of the volume was sell orders. I wouldn't be surprised to see a new entry into our top 20 holders or an existing one move up into a higher position.
Capping is quite common and it makes a lot of sense if you want to accumulate large amounts of shares in a short time period. Why buy out line after line pushing the price up when you can just hold it in place and gradually accumulate via the profit takers.
Yes i watched the trading on Friday, the buyers who pushed us up...
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 (20min delay)
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Last
49.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $45.74M | |||
| Open | High | Low | Value | Volume |
| 48.5¢ | 49.5¢ | 48.5¢ | $99.11K | 200.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 79755 | 48.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 49.5¢ | 1437 | 1 |
View Market Depth
| Last trade - 10.30am 29/07/2024 (20 minute delay) ? |
| FAR (ASX) Chart |