Bega has been on a rampage the last few days. 15% increase in 8 days - up from 6.57 and a 40c run yesterday to 7.60? I've watched Bega for a while and have not seen movement like this since the Blackmores deal was announced circa 2 years ago.
Half hour before markets open today, indicative price is 7.83...
The purpose of this post is to understand:
1. What's driving this increase in SP - there's been no announcements? My guess is Murray Goulburn take over speculation but as a relatively inexperienced trader I would appreciate some feedback/ confirmation on this.
2. At what price does HC users think this will top out?
3. Are more gains expected today/this week?
GLTA
Recent Run?
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Last
$4.42 |
Change
-0.050(1.12%) |
Mkt cap ! $1.347B | |||
| Open | High | Low | Value | Volume |
| $4.51 | $4.53 | $4.41 | $4.393M | 982.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 4259 | $4.42 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $4.44 | 570 | 1 |
View Market Depth
| Last trade - 16.10pm 06/05/2024 (20 minute delay) ? |
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Last
$4.43 |
Change
-0.050 ( 0.70 %) |
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| Open | High | Low | Volume | ||
| $4.52 | $4.53 | $4.41 | 150912 | ||
| Last updated 15.59pm 06/05/2024 ? | |||||
| BGA (ASX) Chart |