RIC 1.08% $2.80 ridley corporation limited

I'm thinking the only reason it moved today is that a fund, and...

  1. 185 Posts.
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    I'm thinking the only reason it moved today is that a fund, and probably only one fund, took a larger position. The intraday chart shows one 168k in volume at 11:51am and then 3 smaller buys or around 50k.
    So one big buy and then others jumped on the move and pushed it to a higher close.

    There have been only 9 days of similar or larger volume in the last 6 months which indicates to me a fairly illiquid stock that has moved generally up, when someone large wants in

    Having said that, I hold, because they are well managed and conservatively run business, with some exciting and innovative developments in the pipeline.
 
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Last
$2.80
Change
0.030(1.08%)
Mkt cap ! $795.8M
Open High Low Value Volume
$2.79 $2.84 $2.78 $825.0K 293.3K

Buyers (Bids)

No. Vol. Price($)
27 4515 $2.80
 

Sellers (Offers)

Price($) Vol. No.
$2.81 4340 34
View Market Depth
Last trade - 15.38pm 28/11/2024 (20 minute delay) ?
RIC (ASX) Chart
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