It looks to me like there either there are too many weak hands given IPO stock or not enough strong hands willing to support the opening price.
No doubt Peak will be looking closely at the register to see who told porky pies and dumped straight away. Peak did a good job with the IPO.
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Open | High | Low | Value | Volume |
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No. | Vol. | Price($) |
---|---|---|
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Price($) | Vol. | No. |
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1 | 57943 | 0.030 |
1 | 200000 | 0.028 |
1 | 300000 | 0.023 |
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Price($) | Vol. | No. |
---|---|---|
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0.036 | 130000 | 1 |
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