Not enough volume imo for that to be valid. There would need to be announcements detailing sub holder changes if that were the case. I think if anything instos would be scooping up these cheap shares. the price is being driven down either by retail capitulating (what instos want) and, or manipulation where large sells are placed to panic retail who sell and then there is another sell placed to try and cap the price with not much above it. I could be totally wrong too! But I am seeing a consistent trading pattern here. I am more interested in who is buying!
Having said all this, it could just be retail screwing the SP and then complaining about it lol.
Renergen General Discussion, page-1468
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Last
83.5¢ |
Change
-0.005(0.60%) |
Mkt cap ! $25.32M | |||
| Open | High | Low | Value | Volume |
| 82.5¢ | 83.5¢ | 82.5¢ | $21.73K | 26.33K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1000 | 80.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 84.0¢ | 400 | 1 |
View Market Depth
| Last trade - 15.45pm 13/09/2024 (20 minute delay) ? |
| RLT (ASX) Chart |