Just looking at the huge volume running through both ABP and ABPR, I cant help but wonder is this day trading or is someone trying to build a position through the rights issue.
I would have thought if it was the daytraders, they would have been posting all day on HC, but not a single post.
I have a feeling we may see a substantial notice come through after this rights issue (besides Kirsh), someone could easily pop up with 10-15%. 37 million rights and 22 million FPO's thru today.
If someone bought enough ABPR's and then converted them, they'd have a very handy stake in the direction of Abacus.
P
what's going on?
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Last
$1.11 |
Change
0.005(0.45%) |
Mkt cap ! $987.4M | |||
| Open | High | Low | Value | Volume |
| $1.11 | $1.12 | $1.09 | $1.087M | 987.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 17500 | $1.10 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.11 | 12549 | 2 |
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| Last trade - 16.10pm 01/08/2024 (20 minute delay) ? |
| ABG (ASX) Chart |