Perhaps someone can enlighten me...I understand that failed projections get punished but if you look at the volumes going through and draw a line of best fit the daily volumes are somewhere around 100,000 +/- on most days with spikes. On Thursday the volume was 935,000 and by 11.30 am Friday it was 1,037,000. I don't know how many the average shareholder owns but I'm guessing thousands rather than tens of thousands so is it reasonable to assume that this volume of dumping is taking place by institutions and funds based on computer algorithms? I actually have no idea what the answer is.. Am I justified in continuing to believe that this product is actually a very good product which can satisfy several unmet needs? If yes then how cynical should we be about the volume of shares being traded or is my disbelief at the SP reaction a reflection of my naivety?
Don't consider selling before profitability, page-309
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Last
$3.50 |
Change
-0.150(4.11%) |
Mkt cap ! $244.5M | |||
| Open | High | Low | Value | Volume |
| $3.79 | $3.85 | $3.32 | $3.375M | 944.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1000 | $3.50 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.53 | 19524 | 1 |
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| Last trade - 16.10pm 08/11/2024 (20 minute delay) ? |
| AVH (ASX) Chart |