Hi Bripoz
this is a very tightly held stock...
You wont find many stocks like this on the ASX(not that i have really done the research)
Shareholder Name Share Holding Shares Held
FMR Corporation 11,215,573 5.07
Wellington Management Company 28,476,840 12.86
Talbot Group Holdings Pty Ltd 26,358,356 11.9
Robert Hosking 12,524,462 5.66
that's as tightly held as it gets.
'market forces will prevail' this is stuff written in economic textbooks and is nothing more than theory...
35% of this company is controlled by 4 entities... that's massive and no doubt aids in manipulation.
please someone tell me given what we have achieved over the last 4+ years the share price is still holding on at $5 ??? market forces alright just not the ones your read about in books...
pre open, page-27
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Last
$1.78 |
Change
-0.025(1.39%) |
Mkt cap ! $1.422B | |||
| Open | High | Low | Value | Volume |
| $1.79 | $1.79 | $1.77 | $1.223M | 688.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 10 | 7786 | $1.78 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.78 | 26172 | 24 |
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| Last trade - 10.49am 24/07/2024 (20 minute delay) ? |
| KAR (ASX) Chart |