I believe the sky's the limit as soon as BG has either sold out, or nears the end of his market barrage.
The 'theory' that BG's constant selling is hampering the SP was confirmed by Dr.T on another platform, saying that sophisticated investors are currently put off buying in because of amount of shares BG still holds.
RAC - Charts & Price Action, page-11253
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 (20min delay)
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Last
$1.52 |
Change
0.030(2.01%) |
Mkt cap ! $254.2M | |||
| Open | High | Low | Value | Volume |
| $1.51 | $1.53 | $1.48 | $141.7K | 94.55K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 427 | $1.50 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.52 | 2999 | 2 |
View Market Depth
| Last trade - 16.10pm 21/05/2024 (20 minute delay) ? |
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Last
$1.51 |
Change
0.030 ( 0.85 %) |
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| Open | High | Low | Volume | ||
| $1.52 | $1.53 | $1.48 | 13236 | ||
| Last updated 15.53pm 21/05/2024 ? | |||||
| RAC (ASX) Chart |