Yesterday's significant drop was due to a US holder selling off their sizeable position of roughly 10m shares at an entry of 14c. Sold all at market price on the opening of ASX. Would have likely triggered a few stop losses creating a cascading effect. Know of people that were stopped out unfortunately and they seem pissed.
Have been in connection with the US holder for some time and frequently discussed IVZ. Know him personally and was told post him selling that he sold his position. He just had enough. Simple as that. Usually likely to sell off into spud but didn't get an opportunity to do so. There were no leaks at all nor any insights from the drill.
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Last
7.1¢ |
Change
0.002(2.90%) |
Mkt cap ! $107.6M |
Open | High | Low | Value | Volume |
7.0¢ | 7.1¢ | 7.0¢ | $65.34K | 925.4K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
4 | 316370 | 7.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
7.2¢ | 543581 | 5 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
4 | 316370 | 0.070 |
3 | 36100 | 0.069 |
3 | 116800 | 0.068 |
5 | 247731 | 0.067 |
3 | 302857 | 0.066 |
Price($) | Vol. | No. |
---|---|---|
0.072 | 543581 | 5 |
0.073 | 558900 | 5 |
0.074 | 351688 | 4 |
0.075 | 203333 | 2 |
0.078 | 115267 | 1 |
Last trade - 15.53pm 26/09/2024 (20 minute delay) ? |
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IVZ (ASX) Chart |