I third that - someone is buying whatever is available.
The good news - supply drying up and share price going higher.
Other good news - the daily gains have been gradual.
Full year report around the corner.
This announcement was March 2017.
http://www.asx.com.au/asxpdf/20170320/pdf/43gxcf5jtd5r7b.pdf
Slide 34 shows us retail schmos as only holding 11% of the register, 64% founders and Management, 25% instos.
It's the instos who have the volume to play with. This week is only an appetiser. When they're ready, it will push higher.
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Last
40.0¢ |
Change
-0.005(1.23%) |
Mkt cap ! $220.5M |
Open | High | Low | Value | Volume |
41.5¢ | 41.5¢ | 40.0¢ | $43.65K | 108.1K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
4 | 46211 | 40.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
42.0¢ | 16830 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
4 | 46211 | 0.400 |
1 | 12912 | 0.395 |
3 | 62619 | 0.390 |
3 | 28500 | 0.380 |
1 | 26666 | 0.375 |
Price($) | Vol. | No. |
---|---|---|
0.420 | 16830 | 1 |
0.430 | 17000 | 2 |
0.440 | 20727 | 2 |
0.445 | 63090 | 1 |
0.450 | 80890 | 2 |
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