I’ve stopped trying to make sense of it. I’m convinced it’s just because there’s a lot of retail shareholders on this stock who are feeling the pinch financially and don’t want to go into the red on their shares so they’re selling. That’s literally all it could be.
The company hit the higher end of guidance for FY22 and the share crashed. There’s nothing to make sense of there.
$2, page-9
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Last
$2.88 |
Change
-0.190(6.19%) |
Mkt cap ! $851.0M | |||
| Open | High | Low | Value | Volume |
| $3.05 | $3.07 | $2.88 | $9.317M | 3.141M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 15 | 76061 | $2.88 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.90 | 8233 | 2 |
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| Last trade - 16.10pm 16/07/2024 (20 minute delay) ? |
| ABB (ASX) Chart |