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
Bega has been on a rampage the last few days. 15% increase in 8...
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Last
$5.17 |
Change
-0.040(0.77%) |
Mkt cap ! $1.577B | |||
| Open | High | Low | Value | Volume |
| $5.18 | $5.21 | $5.15 | $1.931M | 372.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 991 | $5.17 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $5.22 | 991 | 2 |
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| Last trade - 16.10pm 01/08/2025 (20 minute delay) ? |
| BGA (ASX) Chart |