The March update did not provide shareholders with good news. However, a 25% hit today AND yesterday is beyond an overreaction. Just looks like panic over-selling from some bad news combined with a 4-day break from trading. This Easter long weekend will allow the panic to calm down and the share price will rise to a more suitable level. I can see this stock getting back up to $2 very shortly. The ship may have already left port for potential buyers. We'll have to wait and see come Tuesday.
News: NGI Navigator Global Investments Considers It Prudent To Withdraw Its Fy20 Guidance, page-11
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Last
$2.03 |
Change
-0.010(0.49%) |
Mkt cap ! $991.9M | |||
| Open | High | Low | Value | Volume |
| $2.02 | $2.05 | $2.01 | $276.5K | 136.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 11664 | $2.01 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.04 | 175 | 1 |
View Market Depth
| Last trade - 16.10pm 24/06/2024 (20 minute delay) ? |
| NGI (ASX) Chart |