FCL 5.39% $1.58 fineos corporation holdings plc

why do this????

  1. 13 Posts.
    Recently bought FCL to take advantage of the 4c div paid early in Oct
    but this stock has got me stumped, looking at the sharemarket at 3.30pm till close, some big buyers (300K to 900k shares) come in and push the price up , I cant work out why they would do this, the stock trades all day usually within a 2 c trading range, then huge overbids at the close of trading .I aint complaing I am well in the money, but why didnt they just buy thru out the day at maybe 3c 4c cheaper
    A novice investor thanks for any feed back.
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Mkt cap ! $504.6M
Open High Low Value Volume
$1.68 $1.69 $1.56 $2.380M 1.487M

Buyers (Bids)

No. Vol. Price($)
2 5069 $1.58

Sellers (Offers)

Price($) Vol. No.
$1.61 995 1
View Market Depth
Last trade - 16.10pm 17/05/2022 (20 minute delay) ?
-0.090 ( 4.57 %)
Open High Low Volume
$1.65 $1.66 $1.55 20016
Last updated 15.59pm 17/05/2022 (live) ?
FCL (ASX) Chart
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