There were millions of options expiring. Lots of holders simply converting and liquidating positions to fund the exercise. You can see the weakness coming through to March. The problem with PEK is everyone who wants to be in is already well and truly set! Therefore any additional selling pressure really hurt the price.
Good news is when this pops it will have legs as any sellers will dry up QUICKLY
Picking up attention, page-7
Add PEK (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
19.0¢ |
Change
0.005(2.70%) |
Mkt cap ! $50.62M | |||
| Open | High | Low | Value | Volume |
| 18.5¢ | 19.5¢ | 18.0¢ | $26.85K | 145.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 11 | 345110 | 18.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 21.0¢ | 25789 | 2 |
View Market Depth
| Last trade - 16.10pm 08/10/2024 (20 minute delay) ? |
| PEK (ASX) Chart |