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.
Social Media, page-31
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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
| Last trade - 16.10pm 14/10/2024 (20 minute delay) ? |
| MDR (ASX) Chart |