I definitely don't understand BG declining block trade offers. He could possibly sell all his holdings in just a few trades, yet he prefers to drag it out and let the SP suffer as a consequence. I'll let other people make their own minds up as to why. I've got my own opinion.
I don't think Instos are in the habit of investing huge amounts of money just to absorb someone else's money making. They like to see a return happen quickly, and unfortunately BG still has approximately 5M shares to offload.
Him selling up can't come quick enough for me.....and others.
I definitely don't understand BG declining block trade offers....
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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 |