Hi @krusty900,
Friday the 27th marked a significant day, high volumes with a sharp decline of the share price.
Some posters indicated "Capitulation Selling or panic selling" others thought the top 20 holders were reducing their holdings, and speculating N.C was offloading.
Looking at the data from the 27th, showed the main selling came from retailers (CommSec), panic selling looks like the diagnosis.
Whilst the major buyer for the day was Morgan Stanley.
"As one of Australia’s leading providers of financial services to institutions, Morgan Stanley delivers innovative solutions and outstanding service, backed by global resources and expertise"
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I can also confirm that the top 20 have not been offloading, that includes N.C
D.V.H "The decline represents a total disconnect with the fundamentals of our business progress"
Everything looks poised for growth, both company & share price.
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1 | 300000 | 0.005 |
1 | 500000 | 0.004 |
Price($) | Vol. | No. |
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