I would be guessing but I think some people may have bought in before the report and just can't take it anymore so they bail at any price.
I had a scan through all of the trades and it's very small trades that are dragging the price down. Very illiquid, but I did see some poor person bought at $2.14 this morning and after an hour of trade it dropped to $1.91 ouch.
Looks very cheap, but who knows if it can keep falling? This sell off has nothing to do with fundamentals.
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 (20min delay)
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Last
29.0¢ |
Change
0.015(5.45%) |
Mkt cap ! $66.92M | |||
| Open | High | Low | Value | Volume |
| 28.0¢ | 29.0¢ | 28.0¢ | $2.782K | 9.642K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 101000 | 28.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 29.0¢ | 11360 | 1 |
View Market Depth
| Last trade - 15.48pm 04/08/2025 (20 minute delay) ? |
| FRM (ASX) Chart |