Not sure how you cap a stock? There's more than 100k shares at the best ask price, this is a seller(s) that may be hit at any time.Many reasons for these sellers to be there, some people (not me so far) have a rule of taking profits along the way, others may need to sell.
But i really don't see how you cap a stock (other than placing large sell orders far from the ask, which isn't the case here)...if people want to buy then the "cappers" get bought out.
Takeover in 2019? Price?, page-103
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Last
27.0¢ |
Change
-0.005(1.82%) |
Mkt cap ! $48.78M | |||
| Open | High | Low | Value | Volume |
| 27.5¢ | 28.5¢ | 26.5¢ | $71.17K | 257.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 145786 | 27.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 28.0¢ | 15000 | 1 |
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| Last trade - 16.10pm 04/10/2024 (20 minute delay) ? |
| CYP (ASX) Chart |