Err yeh, I know the instos are selling... I don't know what your point is...
My point is that every time the SP slips, certain posters dismiss the trend as 'someone is trying to keep the price down". Nothing to do with the fact there have been no announcements, little revenue, very little communication, etc etc.
What happened to the big revenue increase LDN promised for last quarter 2020? Zip yet again...
What happened with Ford? Why are they missing from the annual report? Mr Market notices this stuff... Could it be possible that these items impact the SP?...
Obviously the market is waiting for news. In the meantime the SP will slip as we've seen countless times in the past.
To simply state "someone is trying to keep the SP down" as the reason behind the SP slide is plain ignorance.
Chart, page-7637
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20.0¢ |
Change
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Mkt cap ! $371.1M | |||
| Open | High | Low | Value | Volume |
| 20.5¢ | 20.5¢ | 19.5¢ | $843.2K | 4.220M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 71948 | 20.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 20.5¢ | 644737 | 16 |
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| BRN (ASX) Chart |