If a large holder with say $50m stood to lose $5m due to dilution, they could invest that $5 to push up the average price over the next few days.
This could do 2 things, increase their holding at bargain price, and reduce dilution of their existing holdings. Win win.
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Last
$6.77 |
Change
0.030(0.45%) |
Mkt cap ! $6.328B |
Open | High | Low | Value | Volume |
$6.76 | $6.81 | $6.72 | $9.575M | 1.413M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 35910 | $7.24 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$6.10 | 161 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 36702 | 7.240 |
2 | 7435 | 7.150 |
1 | 739 | 7.110 |
13 | 44438 | 7.100 |
3 | 362 | 7.010 |
Price($) | Vol. | No. |
---|---|---|
6.100 | 161 | 1 |
6.430 | 5328 | 1 |
6.440 | 6671 | 5 |
6.570 | 7087 | 3 |
6.610 | 60 | 1 |
Last trade - 15.59pm 06/09/2024 (20 minute delay) ? |
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LYC (ASX) Chart |