The drop in June 2021 fits in to what management has already flagged to the market. They are deliberately letting existing stock to run down so to facilitate an even supply/ demand marketplace with new stock. Hence the lower sales target for FY21.
Saying that, we should start seeing higher volumes from July onwards.
I think today’s dump is more about shorting activities than export volumes.
Chart Update, page-21372
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Last
$6.84 |
Change
-0.010(0.15%) |
Mkt cap ! $4.937B | |||
| Open | High | Low | Value | Volume |
| $6.88 | $6.90 | $6.78 | $2.842M | 416.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 19 | 5203 | $6.83 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.84 | 6910 | 11 |
View Market Depth
| Last trade - 13.08pm 16/07/2024 (20 minute delay) ? |
| A2M (ASX) Chart |