"The problem is that we don't know the true reason for the significant drop and continued sell, It was a Coal Acquisition yesterday, just not a Coking one which traders where looking for.. Still doesn't explain the 3c drop"
I think it does, market has the jitters at the moment and traders didnt get what they wanted, so back to previous supports, perhaps lower with no news.
second acquisition, page-54
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Last
0.4¢ |
Change
0.001(33.3%) |
Mkt cap ! $7.175M | |||
| Open | High | Low | Value | Volume |
| 0.4¢ | 0.4¢ | 0.4¢ | $22.30K | 5.576M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 43124928 | 0.4¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.5¢ | 23393474 | 24 |
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| Last trade - 11.11am 26/07/2024 (20 minute delay) ? |
| NAE (ASX) Chart |