The fund managers, instos etc need to stay on the right side of the trade and if they see that,lets call them 'the market', moves in they have to follow.
That was a very deliberate mark up, fast and hard to inflict pain on the shorters.
There was no sign, no news nothing.... seeminly 'random'
my take on kar chart, page-92
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Last
$1.90 |
Change
0.010(0.53%) |
Mkt cap ! $1.523B | |||
| Open | High | Low | Value | Volume |
| $1.90 | $1.91 | $1.88 | $8.431M | 4.439M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 57900 | $1.89 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.90 | 141847 | 6 |
View Market Depth
| Last trade - 16.10pm 16/07/2024 (20 minute delay) ? |
| KAR (ASX) Chart |