I am just after a simple explanation of why the share price has gone back by 10 cents in less than a fortnight.
On the 20th December the company put out an annoucement for the projected earnings for the current financial year. The projected earnings were $15M to $16M which matches the previous financial year's results. Previously, a fall in earnings had been predicted.
Following this good news, over 2 million shares were traded on that day, and the share price has retreated since.
All seems very strange.
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Last
$1.69 |
Change
-0.010(0.59%) |
Mkt cap ! $637.6M | |||
| Open | High | Low | Value | Volume |
| $1.69 | $1.69 | $1.68 | $84.30K | 50.04K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 20 | 61574 | $1.68 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.69 | 42104 | 26 |
View Market Depth
| Last trade - 11.03am 12/09/2025 (20 minute delay) ? |
| IFM (ASX) Chart |