An accumulator who hasn't quite finished buying, trying to put a lid on the price. The only way to get the shares is to increase the sell side in the hope of weak hands selling in fear of further falls. Someone wants a larger piece of the Mayne Pie, and, at the bargain prices we are seeing on offer, they will soon get their fill. Longs know better, rather than sell we buy. Might be an opportune time for Mayne to announce a share buyback. If our true value is north of a dollar, and the Company believes it to be, than a share buy back announcement will not only reward shareholders, but the Company itself.
GLTAH PDYOR
An accumulator who hasn't quite finished buying, trying to put a...
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Last
$3.95 |
Change
-0.040(1.00%) |
Mkt cap ! $336.0M | |||
| Open | High | Low | Value | Volume |
| $4.08 | $4.12 | $3.95 | $277.7K | 68.80K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 422 | $3.95 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $4.01 | 422 | 1 |
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| Last trade - 16.10pm 16/08/2024 (20 minute delay) ? |
| MYX (ASX) Chart |