Yes and No.
Yes, the trades were indeed stacked on both sides during the Auction.
But No, they were more stacked on the buy side because the sp rose from the $9.775, that it was trading at during the last couple of minutes pre-4PM, to close at $9.82 post-4PM.
So yes traders and indeed some investors too, were looking to close out positions for the weekend but that 4 million shares traded after 4PM was quite a statement of intent from the main purchaser I thought.
I don't expect the main purchaser of those 4 million shares will be offering them up for sale in a hurry!
Time will tell.
Ann: CKI Proposal APA Grants Due Diligence, page-54
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Last
$7.18 |
Change
0.060(0.84%) |
Mkt cap ! $9.776B | |||
| Open | High | Low | Value | Volume |
| $7.17 | $7.21 | $7.15 | $25.41M | 3.517M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 3041 | $7.18 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $7.19 | 84270 | 3 |
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| Last trade - 16.10pm 22/11/2024 (20 minute delay) ? |
| APA (ASX) Chart |
