Yesterday afternoon and this morning's selling looks very similar to the relentless dumping into the 40 and below level after which we learned that a top 20 holder had offloaded 4M shares with 2M left outstanding. The method used was to wait until a substantial buy volume built up just below the current price and then sell into it repeatedly. If this is indeed what's going on the 2M outstanding shares should just about be gone and we should see a decent bounce from current levels. Just my opinion, so make your own conclusions ........
Chart, page-4657
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Last
9.7¢ |
Change
-0.003(3.00%) |
Mkt cap ! $104.8M | |||
| Open | High | Low | Value | Volume |
| 10.5¢ | 10.5¢ | 9.7¢ | $27.32K | 275.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 14999 | 9.9¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 10.5¢ | 10000 | 1 |
View Market Depth
| Last trade - 15.15pm 02/08/2024 (20 minute delay) ? |
| FLC (ASX) Chart |