I am now convinced that a holder is accumulating stocks at current levels. There was a parcel of 1/2m yesterday at 9 picked up by a single buyer. The buyer has been active over recent days and maybe weeks.
Once the buyers holdings are over 5%, a notice will be required to be filed. Lets hope that it is someone of stature, or a fund manager.
Based on my estimate of the purchases it may take another 2 weeks to get to 5%.
observation
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Last
81.0¢ |
Change
-0.010(1.22%) |
Mkt cap ! $74.08M | |||
| Open | High | Low | Value | Volume |
| 81.0¢ | 81.0¢ | 78.0¢ | $16.65K | 21.12K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 5000 | 77.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 81.0¢ | 5546 | 1 |
View Market Depth
| Last trade - 15.41pm 09/08/2024 (20 minute delay) ? |
| MYG (ASX) Chart |