And here is my theory: Traders and short term holders started buying as soon as they had known about URA rebalance from Friday. Many joined based on the breakout. Then yesterday they offloaded what they had accumulated since Friday for tidy profits.
I don't believe top 10 shareholders gave away their holdings to URA but the next top 20 update will confirm this.
Meanwhile, LTH just sat back and enjoyed the show.
This is just the beginning of the journey of ASN to $1+ though we did have a detour back down to 16.5 cents.
And here is my theory: Traders and short term holders started...
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 (20min delay)
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Last
12.5¢ |
Change
0.015(13.6%) |
Mkt cap ! $161.0M | |||
| Open | High | Low | Value | Volume |
| 11.5¢ | 12.5¢ | 11.3¢ | $234.9K | 1.963M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 286458 | 12.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 12.5¢ | 938553 | 11 |
View Market Depth
| Last trade - 16.10pm 03/05/2024 (20 minute delay) ? |
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Last
12.5¢ |
Change
0.015 ( 13.6 %) |
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| Open | High | Low | Volume | ||
| 11.3¢ | 12.5¢ | 11.0¢ | 1221669 | ||
| Last updated 15.53pm 03/05/2024 ? | |||||
| ASN (ASX) Chart |