Yes, profit-taking is a likely factor. Nice run-up for folks who bought in low 80s or upper 70s.
Also, at least one broker lowered its target price on EHL by quite a bit. the average target price fell from about $1.15 to $1.09. Same highest and lowest prices, so someone in the middle lowered expectations. Some shareholders with first knowledge form brokers react to these adjustments.
any interest on hc, page-7
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Last
79.3¢ |
Change
-0.003(0.31%) |
Mkt cap ! $409.5M | |||
| Open | High | Low | Value | Volume |
| 79.5¢ | 79.5¢ | 79.0¢ | $51.65K | 64.97K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 11 | 18940 | 79.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 79.5¢ | 692 | 2 |
View Market Depth
| Last trade - 11.58am 30/08/2024 (20 minute delay) ? |
| EHL (ASX) Chart |