Over 100 trades ~ 171 shares each. The only thing that comes to mind is that someone is trying to improve the look of the stock liquidity without selling off much. Sellers would benefit.
Quarterly reports due this week from ML and JB Were, both significant holders. After CityBank writing off US$ 20 billion these guys my be looking to exit to cover their sub-prime losses if they are exposed.
Regards,
OPT
trades this morning, page-3
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Last
85.0¢ |
Change
-0.003(0.29%) |
Mkt cap ! $193.8M | |||
| Open | High | Low | Value | Volume |
| 85.5¢ | 86.8¢ | 85.0¢ | $75.81K | 88.79K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 605 | 83.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 88.5¢ | 2424 | 1 |
View Market Depth
| Last trade - 15.25pm 14/10/2024 (20 minute delay) ? |
| NDO (ASX) Chart |