BGT 2.04% 5.0¢ bio-gene technology ltd

Someone's Just Quietly Soaking Up The Shares - Little By Little

  1. 219 Posts.
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    I think it's interesting to watch how the amounts being traded in BGT always seem to be in "Round" figures.

    It's a fairly unusual phenomenon with electronic trading these days.
    (Other shares I trade, have various broken/odd amounts all the time.)

    Makes me think someone is just sitting and quietly soaking up the shares available, and it would also seem they want quite a few.

    Perhaps they missed out on getting their desired allocation before listing. Now they can finally top up while nobody notices.

    My guess is they probably don't want to raise any alarms or be noticed because the price might run away a bit too much for them.
 
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Last
5.0¢
Change
0.001(2.04%)
Mkt cap ! $10.06M
Open High Low Value Volume
4.9¢ 5.0¢ 4.9¢ $3.119K 63.00K

Buyers (Bids)

No. Vol. Price($)
1 113070 4.8¢
 

Sellers (Offers)

Price($) Vol. No.
5.0¢ 43777 1
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Last trade - 10.59am 08/07/2024 (20 minute delay) ?
BGT (ASX) Chart
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