Very few genuine sellers here. The bot selling of Craganorig (JC's USA/LLC holding) looks to have ceased the past couple of days. 15,790,175 shares have traded since JC started selling in November. The bot arbitrarily sold 10-15% of daily volume so this holding may very well have been expunged. Will be interesting to see if selling from his AU holdings now commences - perhaps he'll wait for the new tax year.
Buyers seem to be anchoring the SP against the $.75 options. In reality, they should be looking at $3 as a near term target. Not sure why any holder that funded the $3 CPACS raise would look to exit right before the trial commences, aside from option conversion. Still think this is part of a larger FOMO rally and we continue to rerate through to trial commencement.
Higher low playing out, my order at $1.38 was only partially filled.
Very few genuine sellers here. The bot selling of Craganorig...
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Last
$1.75 |
Change
-0.040(2.23%) |
Mkt cap ! $297.9M | |||
| Open | High | Low | Value | Volume |
| $1.79 | $1.79 | $1.75 | $55.61K | 31.55K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 25 | $1.75 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.77 | 1012 | 3 |
View Market Depth
| Last trade - 11.02am 17/06/2024 (20 minute delay) ? |
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Last
$1.75 |
Change
-0.040 ( 0.95 %) |
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| Open | High | Low | Volume | ||
| $1.76 | $1.77 | $1.75 | 4571 | ||
| Last updated 11.26am 17/06/2024 ? | |||||
| RAC (ASX) Chart |
