You might be right, rvajna. If the major shareholders are not buying at this level, then panic and/or tax-loss selling could see a further collapse.
Perhaps the only solace is that the brutal close was the result of day traders cutting losses. Tomorrow will be interesting.
News: MHJ Michael Hill International Says For First 45-Weeks Sales Were Up 4.7%, page-27
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Last
53.0¢ |
Change
-0.020(3.64%) |
Mkt cap ! $203.8M | |||
| Open | High | Low | Value | Volume |
| 54.0¢ | 54.0¢ | 53.0¢ | $30.23K | 56.75K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 22566 | 53.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 53.5¢ | 50000 | 1 |
View Market Depth
| Last trade - 16.10pm 06/09/2024 (20 minute delay) ? |
| MHJ (ASX) Chart |