two possibilities:
1. the selling is driven by all of the disgruntled shareholders that got in around these levels post pollo investing are unloading (at even or a small loss). As a result of watching these thing plummet over the last 5 months.
2. another large seller is leaving (very possible)
Once again we have great news out in the market and once again the share sees no gains. It just goes to show that this companies price can never move until it has a set of share holders that are loyal enough to see this whole process through - maybe todays buyers might be ones we are looking for.
At this rate, all AREVA would have to do to take this whole company over would be to offer 22 cents and they would have most of the company! This market is ridiculous!
what is going on....., page-2
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Last
41.5¢ |
Change
0.035(9.21%) |
Mkt cap ! $128.0M | |||
| Open | High | Low | Value | Volume |
| 39.5¢ | 42.0¢ | 39.5¢ | $468.0K | 1.149M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 18000 | 41.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 42.5¢ | 59166 | 3 |
View Market Depth
| Last trade - 16.10pm 11/07/2024 (20 minute delay) ? |
| EL8 (ASX) Chart |