The level of accumulation that has happening would make me think it has to have been a fund accumulating.
The willingness to keep paying a higher price does make you think they have some very large conviction. All a bit of a guessing game for now.
Looking at trading patterns I’m hopeful is this just a rest stop on the way to $20 plus. Apart from a large sell at 20.00 a share Buyers still seem to out number sellers.
The level of accumulation that has happening would make me think...
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Last
$17.29 |
Change
-0.350(1.98%) |
Mkt cap ! $1.088B | |||
| Open | High | Low | Value | Volume |
| $17.75 | $17.75 | $17.17 | $3.416M | 196.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 490 | $17.14 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $17.31 | 490 | 1 |
View Market Depth
| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| JIN (ASX) Chart |