These continual price rises are astounding. And on relatively low volume (as mentioned by the Angel, shares are closely held). As I see it:
1. There is just a momentum and buyers want to get in on the action, OR
2. Insiders know that good news is coming and are buying.
Somehow I don't think it is 2., as this does not seem to have been the case in the past, at least, it has not been apparent. True, the 2018 FY 1H should be better than the previous corresponding period, but this has been well flagged. There are few sellers and buyers seem desperate. I'm perplexed.
And Mr Fauna, Fancy meeting you here! Welcome to something completely different.
$140??, page-18
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Last
$4.85 |
Change
-0.070(1.42%) |
Mkt cap ! $483.8M | |||
| Open | High | Low | Value | Volume |
| $4.97 | $4.97 | $4.84 | $643.8K | 131.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 1490 | $4.84 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $4.91 | 490 | 2 |
View Market Depth
| Last trade - 16.10pm 22/11/2024 (20 minute delay) ? |
| AEF (ASX) Chart |
