I'm not even sure they're sooky day traders. They've called this massively wrong. A "Sell" all the way in fact.
I'm no pro but I'm not sure institutional investors tip $50m into a business on hype nor would they if they were concerned a NED sold some stock. The same NED who has bought on market all the way along.
Those supposedly looking for "value trades" have been calling zip short from about 30c so there is definitely a disconnect here.
Maybe they should go suck some more after pay kool-aid?
Ann: Change of Director's Interest Notice, Philip Crutchfield, page-40
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Last
$2.19 |
Change
0.260(13.5%) |
Mkt cap ! $2.772B | |||
| Open | High | Low | Value | Volume |
| $2.01 | $2.19 | $2.00 | $56.69M | 26.96M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 13 | 133683 | $2.18 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.20 | 235682 | 50 |
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| Last trade - 16.10pm 16/08/2024 (20 minute delay) ? |
| ZIP (ASX) Chart |