"No doubt these instos have a wide selction of analysis tools and industry related information sources at their disposal (that most of us "retail" can't afford), to assist in making that massive decision. But that's what they decided to do - we will spend $45m at $5 a share."
Given the credit you give these instos I am amazed they haven't been buying up all these shares for sale below $5!
Maybe...it is because they can't buy at a discount to the traded share price.
Sometimes i think we give instos a little too much credit
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Last
$2.51 |
Change
0.030(1.21%) |
Mkt cap ! $474.1M | |||
| Open | High | Low | Value | Volume |
| $2.52 | $2.58 | $2.50 | $1.029M | 404.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1855 | $2.51 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.54 | 614 | 1 |
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| Last trade - 16.10pm 12/07/2024 (20 minute delay) ? |
| WBT (ASX) Chart |