I agree. Unusual sell down. Has happened 5 Or 6 times in the last few months but has always rebounded to about $1.05 . The seller has lost money each time it has rebounded but who knows what will happen this time. This is a deeper and longer trough albeit on lower trading volumes.
no news to justify a sell off, in fact there has been positive news of good guidance, shareholder returns and contract wins .
I bought on the way down but I will wait for the bottom before jumping in again. There is no knowing how deep the sellers pockets are!
Ann: Perenti secures A$420 million of contract extensions, page-10
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Last
98.5¢ |
Change
-0.020(1.99%) |
Mkt cap ! $937.8M | |||
| Open | High | Low | Value | Volume |
| $1.00 | $1.03 | 98.5¢ | $2.138M | 2.136M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 79726 | 98.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 99.5¢ | 13204 | 3 |
View Market Depth
| Last trade - 16.10pm 25/06/2024 (20 minute delay) ? |
| PRN (ASX) Chart |