A strange start to the weeks trading, having someone pushing the price down with a sell order of ~160,000 shares @$1.20. I assumed the seller would pull it before open, but no it remains and has become an effective cap to the price.
This has occurred just as Morgans put out a positive comment for the company:
"Add
Strong result expected. Management in November guided to 1H24 EBITDA growth of 43-67% to between $6-7m (MorgansF $6.5m) and NPAT to be up 44-67% to between $2.6-3m (MorgansF $2.7m). This includes one-off costs related to the Sharrow project. Given the strong momentum in the business, we think guidance could be conservative."
Any thoughts anyone?
Vee Charting, page-22
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Last
$1.75 |
Change
0.000(0.00%) |
Mkt cap ! $237.5M | |||
| Open | High | Low | Value | Volume |
| $1.74 | $1.79 | $1.74 | $153.4K | 87.51K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 15656 | $1.75 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.78 | 27151 | 2 |
View Market Depth
| Last trade - 15.59pm 28/06/2024 (20 minute delay) ? |
| VEE (ASX) Chart |