Aren’t we seeing the opposite of ‘accumulation’? (Distribution)
i.e. Steady supply of shares from a single large holder (or small group of large holders), being progressively gobbled up by a much larger number of smaller (mostly retail) holders
It’s typically a bearish set-up, but considering the context in which debt-holders are selling, it provides a rare opportunity to build a position at an artificially discounted price. IMO
* China to build 290 Nuclear Reactors, page-16
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Last
$8.20 |
Change
0.460(5.94%) |
Mkt cap ! $2.955B | |||
| Open | High | Low | Value | Volume |
| $8.04 | $8.32 | $7.90 | $30.65M | 3.704M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 3000 | $8.20 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $8.22 | 2649 | 1 |
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| Last trade - 16.10pm 22/11/2024 (20 minute delay) ? |
| PDN (ASX) Chart |
