I am surprised by the resilience GRR market depth is showing. The solid line of "Buys" at 16/16.5c and the lack of sellers at 17c has held now for many days. Perhaps the fundies I referred to in my previous post are hanging on for something like the next dividend payment. If GRR make it back to back special dividends, then most of these fundies will be in for a yield exceeding 20% p.a. (based on an entry price of circa 17c).
Maybe we won't see any more wholesale offloading until after the ex-dividend date??
RGL sell down, page-9
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Last
25.0¢ |
Change
-0.010(3.85%) |
Mkt cap ! $289.3M | |||
| Open | High | Low | Value | Volume |
| 26.5¢ | 26.5¢ | 25.0¢ | $668.5K | 2.619M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 111945 | 25.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 25.5¢ | 37336 | 6 |
View Market Depth
| Last trade - 16.10pm 04/10/2024 (20 minute delay) ? |
| GRR (ASX) Chart |