To the posterss suggesting the insto are keeping price down so they get to average down. Say they pick up $25 mil at 65c (thats a 10c saving, forget the fact they could buy on market)
@65c 38461538 shares
@75c 33333333 Shares
extra 5128205 shares at 65c for free which is $3.3Mil
What do you reckon the cost of keeping the price down just for the 5 VWA pricing period let alone the lead up time.
phone call, page-35
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Last
$6.51 |
Change
0.170(2.68%) |
Mkt cap ! $6.085B | |||
| Open | High | Low | Value | Volume |
| $6.44 | $6.55 | $6.43 | $12.35M | 1.897M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 8 | 63738 | $6.50 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.52 | 20817 | 3 |
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| Last trade - 16.10pm 04/07/2024 (20 minute delay) ? |
| LYC (ASX) Chart |