Nicholas,
Firstly, brokers need to read the report. Say between 1 day and 5 days. Remember, unlike you and me, they have to focus on 1400 other stocks on the market.
Secondly, they need to put a valuation on the stock and get consensus from their peers. Maybe another 1 week at the very best.
Thirdly, they need to communicate this to their clients, who eventually make a decision to buy or not worry about it. Add a further 1-2 days.
So you see, it could take between 2-3 weeks before the stock moves again. Be patient.
ndo & brokers report, page-2
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Last
89.5¢ |
Change
-0.005(0.56%) |
Mkt cap ! $204.1M | |||
| Open | High | Low | Value | Volume |
| 88.5¢ | 89.5¢ | 88.0¢ | $53.48K | 60.35K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 6574 | 88.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 90.0¢ | 26117 | 2 |
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| Last trade - 15.51pm 21/06/2024 (20 minute delay) ? |
| NDO (ASX) Chart |