There are more informed & smarter LTR regulars than myself to follow on HC Melman, but maybe my earlier response to another confused holder expressing his concern might help allay your uncertainty & confusion? By the way, there's no evidence of large numbers of actual holders exiting. Thats just 'sales' transactions being reported, although some might be seeking a trade/profit and hoping to reenter even lower before more news is released! Anyway here's that link for you again :
https://hotcopper.com.au/posts/57494909/single
ASX Today, page-12538
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Last
95.5¢ |
Change
-0.015(1.55%) |
Mkt cap ! $2.315B | |||
| Open | High | Low | Value | Volume |
| 97.0¢ | 97.5¢ | 94.5¢ | $12.43M | 12.97M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 81419 | 95.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 96.5¢ | 3225 | 1 |
View Market Depth
| Last trade - 16.10pm 16/07/2024 (20 minute delay) ? |
| LTR (ASX) Chart |