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
$1.22 |
Change
-0.010(0.81%) |
Mkt cap ! $202.7M | |||
| Open | High | Low | Value | Volume |
| $1.26 | $1.26 | $1.14 | $381.6K | 320.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 7000 | $1.17 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.22 | 2171 | 1 |
View Market Depth
| Last trade - 16.10pm 03/05/2024 (20 minute delay) ? |
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Last
$1.17 |
Change
-0.010 ( 5.54 %) |
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| Open | High | Low | Volume | ||
| $1.23 | $1.23 | $1.14 | 48407 | ||
| Last updated 15.52pm 03/05/2024 ? | |||||
| RAC (ASX) Chart |