Most of the supply comes from the traders who bought this week... Or in my case, last week. If the supply doesn't meet demand in the match the price goes up, and vice versa. Odds significantly favour a rise (over the week) but of course nothing is guaranteed. As a side note, that NST scenario is only 1 example. Can't read too much into it in isolation.
One way to estimate the impact in the match would be to take the 3 month average volume. Compare that to the volume this week, that the difference and compare to he number of shares van Eck are mandated to buy. Should give you a rough idea
Most of the supply comes from the traders who bought this...
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Last
$2.52 |
Change
0.000(0.00%) |
Mkt cap ! $1.473B | |||
| Open | High | Low | Value | Volume |
| $2.54 | $2.55 | $2.50 | $4.809M | 1.905M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 63260 | $2.51 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.52 | 48105 | 3 |
View Market Depth
| Last trade - 16.10pm 03/12/2024 (20 minute delay) ? |
| RRL (ASX) Chart |
