With the amount of small parcels being sold down this is an obvious attempt at keeping the price flat.
So my question is why? It's been really quiet on the news front for a while.
Accumulation at this level suggests to me that someone wants to load up because they know something we don't eg: possible announcement coming. QLD settlement, or more work tenders awarded??? For the record, I'm only guessing.
The reason I say this is due to getting caught out just before they announced the Jemena contract. Given my usual timing talents (or lack there of) I offloaded and then SSM went PreNR. Grrrr
Oh well, good lesson to learn. :-)
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Last
$1.91 |
Change
0.010(0.53%) |
Mkt cap ! $1.176B | |||
| Open | High | Low | Value | Volume |
| $1.91 | $1.91 | $1.89 | $2.632M | 1.381M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 15504 | $1.90 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.92 | 63558 | 2 |
View Market Depth
| Last trade - 16.10pm 20/06/2025 (20 minute delay) ? |
| SSM (ASX) Chart |