This move down has nothing to do with the project.
An empty progress update won't have any meaningful impact on the share price.
This move is 95% retail holders puking their stock. Probably for now other reason than "the share price is going down".
The other 5% is Woodford but he seems reluctant to sell stock this low.
The people buying these prices are the clients of Bells, Shaws, UBS, Baillieu Holst and Phillip Capital. Arguably smarter-safer-hand money.
It's just a process, Mike could speed it up, but otherwise just gotta let it play out
Progress?????, page-3
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Last
1.8¢ |
Change
-0.001(5.26%) |
Mkt cap ! $15.13M | |||
| Open | High | Low | Value | Volume |
| 1.9¢ | 1.9¢ | 1.8¢ | $3.767K | 199.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 281224 | 1.8¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.9¢ | 293234 | 1 |
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| Last trade - 15.43pm 15/11/2024 (20 minute delay) ? |
| NAG (ASX) Chart |