Additional 2,000,000 for $449,561, equating to $0.225 per share. Merchant's previous average was $0.192. Bodes well for a rerate from here as as position of this size in an illiquid stock needs to be considered a long term hold to pass investment committees, not to mention stack up from a technical risk perspectice. Also nicely explains the iceberg sellers during the accumulation phases.
Ann: Merchant Group increases stake in Rhythm from 5% to 7%, page-3
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Last
11.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $15.41M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 5969 | 13.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 11.0¢ | 5500 | 1 |
View Market Depth
| Last trade - 16.16pm 18/11/2024 (20 minute delay) ? |
| RHY (ASX) Chart |
Day chart unavailable
