You would have to ask the buyers. I'd say herd behavior. Do you really think everyone just woke up that day after coming to the conclusion overnight that the company was worth upwards of 25 X the value the previous day? In saying that I'm sure their IP is worth more than the 1.7 c/share but Management are very poor at communicating what's going on so people just sold out over the last 6 years
end of the downside- back in, page-60
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Last
0.3¢ |
Change
-0.001(14.3%) |
Mkt cap ! $15.96M | |||
| Open | High | Low | Value | Volume |
| 0.3¢ | 0.3¢ | 0.3¢ | $465 | 155K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 50 | 57649934 | 0.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.4¢ | 124032868 | 22 |
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| Last trade - 10.00am 03/09/2024 (20 minute delay) ? |
| ATH (ASX) Chart |