Could Barrenjoey be the one dumping shares at this price? They underwrite the retail component and currently, it looks like it may dive below 60c hence they (Barrenjoey) need to offload the shares to avoid holding dud potato as underwriter. Think about it, if it goes lower than 60c, who in their right mind would participate in the CR? So that is my theory anyway. How mich they have dumped and how mich more they have left would determine how much lower this stonk goes.
Could Barrenjoey be the one dumping shares at this price? They...
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Last
48.0¢ |
Change
0.015(3.23%) |
Mkt cap ! $1.376B | |||
| Open | High | Low | Value | Volume |
| 46.5¢ | 49.5¢ | 46.3¢ | $14.89M | 31.10M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 33 | 956274 | 48.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 48.5¢ | 141429 | 2 |
View Market Depth
| Last trade - 16.10pm 27/06/2024 (20 minute delay) ? |
| SGR (ASX) Chart |