True, they do look out of the ordinary, but there's currently 4.7m sitting at the top of the queue and could be wiped out by a seller at any point which makes out look roughly legitimate.
What are the possible scenarios?
1. Legitimate buyer
2. Short sellers closing positions (but short sellers are generally sophisticated and unlikely to be so clunky in terms of the size of their buy orders
3. A big holder throwing cash around to try to prop up a falling share price
LRS General Discussion, page-1342
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Last
18.5¢ |
Change
-0.010(5.13%) |
Mkt cap ! $517.8M | |||
| Open | High | Low | Value | Volume |
| 19.0¢ | 19.5¢ | 18.3¢ | $5.048M | 26.83M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 949995 | 18.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 19.0¢ | 628437 | 3 |
View Market Depth
| Last trade - 16.10pm 03/09/2024 (20 minute delay) ? |
| LRS (ASX) Chart |