LGL lynch group holdings limited

Someone posted a similar question on another forum the other...

  1. 3,904 Posts.
    Someone posted a similar question on another forum the other day. The answer was one I hadn't thought about, but makes sense.

    Big guys need a rising market in order to be able to sell at all. You and I can sell or buy whenever we want, but a big insto that say wants to move from LGL to NCM, or to bonds, pay wages, buy a small country etc can't just sell when it is convenient to them. They have to wait for enough buyers or make a huge loss.

    The reason for the sale may not be market related at all. Simply someone needs 10 mill or so cash.
 
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(20min delay)
Last
$1.75
Change
0.000(0.00%)
Mkt cap ! $213.6M
Open High Low Value Volume
$1.75 $1.75 $1.75 $264 151

Buyers (Bids)

No. Vol. Price($)
1 607 $1.65
 

Sellers (Offers)

Price($) Vol. No.
$1.75 1096 1
View Market Depth
Last trade - 10.04am 18/06/2025 (20 minute delay) ?
LGL (ASX) Chart
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