BPP 4.55% 2.3¢ babylon pump & power limited

my thoughts

  1. 584 Posts.
    Gidday All
    I just did a rough calc on the volume traded.
    Between Feb and June 670m shares traded hands or were purchased between 0.015 and .02c. the 5 weeks from June 7 475m shares changed hands. If traders are taking their 100% profit by selling half there holdings ie 335m shares there is a 150m shortfall of people taking profits. Or in other words people prepared to hold the stock for more gains. I don't know the make up of the share register but if directors etal hold 50% this represents roughly 27% more of the company in long termers hands. The register is getting tighter in other words creating more upwards pressure.
    Just my thoughts. Any comments + or - welcome.
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Mkt cap ! $22.71M
Open High Low Value Volume
2.3¢ 2.3¢ 2.3¢ $42.19K 1.834M

Buyers (Bids)

No. Vol. Price($)
7 2174415 2.2¢

Sellers (Offers)

Price($) Vol. No.
2.4¢ 130657 2
View Market Depth
Last trade - 11.55am 08/03/2021 (20 minute delay) ?
0.001 ( 4.55 %)
Open High Low Volume
2.2¢ 2.3¢ 2.2¢ 1449112
Last updated 11.54am 08/03/2021 (live) ?
BPP (ASX) Chart
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