YOW 0.00% 2.5¢ yowie group ltd

Chart YOW, page-467

  1. 1,531 Posts.
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    There were a few key facts change (which were announced), poor macro conditions which drive negative sentiment and may caused some profit taking when markets wobble plus throw in a large and committed seller whit no regard for price and you have a known and visual formula for a sizable and sustained drawdown. When its known there is a forced seller, many buyers back off to see how committed they are and in an illiquid micro cap the damage can be large but temporary. Apart from the above, if nothing has changed in the business of note then they have nothing announce and should not be making announcements in a vain attempt to boost the SP.

    This is still a speculative and relatively illiquid microcap and this is the life of such a stock.
    Last edited by BkrDzn: 23/02/16
 
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