If the institutions already owned BTR shares, they could sell into the market from their current holdings the number of shares that they will pick up on the new issue.... at a higher price than the new shares issue price, hence profit taking.
sudden increase in volume, page-18
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 (20min delay)
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Last
2.7¢ |
Change
0.002(8.16%) |
Mkt cap ! $185.4M | |||
| Open | High | Low | Value | Volume |
| 2.5¢ | 2.7¢ | 2.5¢ | $699.5K | 26.83M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 824610 | 2.6¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 2.7¢ | 6136732 | 12 |
View Market Depth
| Last trade - 14.04pm 11/11/2024 (20 minute delay) ? |
| BTR (ASX) Chart |