Id say a lot of people who got burned by the SPP (or who bought in prior for >9c) would have sold out. It might be a long term hold to you, but a lot of the people who invest in stocks like this arent long term investors. They see a paper loss day after day and wish they had never bought, and want out.
All i see happening here in the short term is the price dropping down towards 7c again. People will be wanting out before the anticipated lack of news flow over the wet season too. I live in Darwin and the place is just starting to get properly wet now.
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Last
12.0¢ |
Change
0.010(9.09%) |
Mkt cap ! $257.1M | |||
| Open | High | Low | Value | Volume |
| 11.0¢ | 12.0¢ | 10.8¢ | $1.358M | 11.84M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 21 | 1248052 | 11.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 12.0¢ | 3565987 | 50 |
View Market Depth
| Last trade - 16.10pm 21/07/2025 (20 minute delay) ? |
| CXO (ASX) Chart |