Man this got thrashed today...not a particularly good close either.
I've got a funny feeling that Ord Minett was this big stealth seller today.. they have been slowly unwinding...
They held about 5-6 million shares...and by my reckoning they probably let go most of the stock today...just a guess though, could be someone else.
Either way...should've known when it was testing 32cps so much that something was on the cards...the problem with action like this is that the shares churned (depending on who buys and for what reason) ends up becoming fresh supply...and so it goes on..
Not sure where to from here to be honest, but as most of the others have been pointing out it needs news...hopefully news that the market will digest well. Could well be punished again if quarterly not up to scratch.
Man this got thrashed today...not a particularly good close...
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Last
1.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $14.54M | |||
| Open | High | Low | Value | Volume |
| 1.0¢ | 1.0¢ | 1.0¢ | $3.622K | 362.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 57327 | 1.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.1¢ | 2169951 | 8 |
View Market Depth
| Last trade - 12.07pm 03/05/2024 (20 minute delay) ? |
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Last
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Change
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| Open | High | Low | Volume | ||
| 1.0¢ | 1.0¢ | 1.0¢ | 316284 | ||
| Last updated 12.07pm 03/05/2024 ? | |||||
| EXT (ASX) Chart |