It's an interesting situation.
A seller offloaded over 500k of shares two days ago in a hurry and we were back at low support of $1.3x and now back to $1.45 already on very little buying. There seems to be plenty of buyers at these levels happy to snap up the cheap shares.
If someone really wanted to take a decent buy position in SRL of 50,000 shares right now you are going to be pushing the price pack to $1.78. if you wanted to buy 500k of shares you would be pushing the price well over $2.
Food for thought that if you want SRL stock in a decent amount, there is not much available to buy and SP price is going to move up in a hurry. Just like it did in the past month really before the big sell order.
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What is going on? 25% drop in 10 minutes?, page-34
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Last
39.0¢ |
Change
-0.020(4.88%) |
Mkt cap ! $36.99M |
Open | High | Low | Value | Volume |
40.0¢ | 40.0¢ | 39.0¢ | $1.745K | 4.372K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 1539 | 39.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
40.5¢ | 3818 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 1539 | 0.390 |
2 | 10758 | 0.385 |
2 | 27631 | 0.380 |
2 | 20943 | 0.370 |
2 | 14000 | 0.360 |
Price($) | Vol. | No. |
---|---|---|
0.405 | 3818 | 3 |
0.410 | 3103 | 2 |
0.415 | 9879 | 1 |
0.425 | 20000 | 1 |
0.490 | 1250 | 1 |
Last trade - 14.05pm 29/07/2024 (20 minute delay) ? |
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SRL (ASX) Chart |