Using the above process to estimate, ie:
Volume of shares traded this week (including estimate up to today's bell) - ~30 mil
Minus Average Daily volume over 3 months x5 days - ~17 mil
=13 mil shares more than average. On the assumption that all those shares are ready to be sold into tonight's match and Van Eck have ~30m to buy, it sounds to me like a significant shortfall in supply.
Things could be about to get interesting.
@n00bmasta, do you know what they do if there is a large shortfall. Presumably they don't just line wipe till they get their 30mil
Using the above process to estimate, ie: Volume of shares traded...
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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 |
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| Last trade - 16.10pm 03/12/2024 (20 minute delay) ? |
| RRL (ASX) Chart |
