The strategy BR are using would work well with a high liquidity stock, not this one. Also doesn't help their cause the fact everyone knows they are selling. They would do a lot better just placing the remainder stock at a given price and let people nibble at it. It would go in due course, at least punters would know where they stand. We get in now when the assumption is BR are likely to keep selling it down for cheaper prices?
The strategy BR are using would work well with a high liquidity...
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Last
8.1¢ |
Change
-0.003(3.57%) |
Mkt cap ! $87.39M | |||
| Open | High | Low | Value | Volume |
| 8.9¢ | 8.9¢ | 8.0¢ | $70.03K | 836.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 128999 | 8.1¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 9.1¢ | 307055 | 1 |
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| Last trade - 16.10pm 08/08/2024 (20 minute delay) ? |
| CKA (ASX) Chart |