Broker buying for 'big pharma' is obvious conclusion and why not buy in the $2-$3 range when they'll have to buyout in $25-$50 soon enough. The trading of 3-5mil over the past couple of days, when we've had a sell depth of 150-250k for the past couple of years tells you their aggressive approach has a time constraint in my opinion. It also tells you that the broker is buying and selling to themselves to create the illusion of shareholder vulnerability, which we all know doesn't exist. All in my opinion.
RAC - Charts & Price Action, page-3649
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Last
$1.52 |
Change
-0.030(1.94%) |
Mkt cap ! $258.9M | |||
| Open | High | Low | Value | Volume |
| $1.57 | $1.57 | $1.50 | $75.34K | 49.79K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 300 | $1.51 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.52 | 49256 | 1 |
View Market Depth
| Last trade - 16.10pm 19/08/2024 (20 minute delay) ? |
| RAC (ASX) Chart |