Australian (ASX) Stock Market Forum

Tightly Held Stocks

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Couldn't find a thread for tightly held stocks, so here it is.
I don't have any opinions on these at the moment, just noticed from market depth, that they appear to be tightly held.
Often when a group of tight holders own a particular stock, the SP can climb quite nicely as long as there's enough buyers.

Obviously though, there does need to be some sellers for the price to climb, and, the sellers need to be aware of ASX rules and step pricing.
EG, a too high sell order may be rejected by brokers rules based on ASX rules, and a buyer's order may be rejected when trying to buy at too high a price.

This first one I believe is held by @peter2
How tight fisted are you? ? ?
I'm quite frugal meeself..?

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I always find PL8 which is a LIC with monthly payments tightly held. Yet to see it go below NTA
View attachment 130382
Iggy
am doing what i can ( to hold mine tightly )

bought my holding during 2018 ( 4 buys ) from 99.5c down to 95.5c

i would suggest currently investors desperate for yield is a bigger driver than NTA growth , currently

however BKL and PME are both tightly-held TOP 200 stocks which must be an interesting challenge for index funds
 
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