I've noticed the selling since the 16/6 because I was accumulating shares for several weeks beforehand and noticed that after the ENAMCO announcement is when the bot started selling down. Every time I made a purchase on market after 16/6, there was bot activity to sell shares as soon as I made my purchase.
Since 16/6, there has been 1.866 million shares traded so I am hoping that UBS (if it is in fact them doing the selling) doesn't have more than a couple of million shares to go as they had a total of 15.3 million shares.
So for that reason, I think buying around the 30c level is pretty safe and buyers should be rewarded in the near future.
ripe for a rebound, page-10
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 (20min delay)
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Last
$1.37 |
Change
0.025(1.87%) |
Mkt cap ! $571.8M | |||
| Open | High | Low | Value | Volume |
| $1.33 | $1.37 | $1.31 | $2.349M | 1.749M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 6763 | $1.36 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.37 | 1808 | 2 |
View Market Depth
| Last trade - 16.10pm 29/11/2024 (20 minute delay) ? |
| CHN (ASX) Chart |
