Of course, we are back at the ‘far too cheap’ price.
All I see today as that someone wanted to sell around 500k to 700k worth of shares pretty quickly and there is low buying side liquidity in SRL at present so it pushed the price way down due to not many buyers there at the days outset. 500k is not much value and not much volume in the grand scheme of things, sure more vol than normal but still not that much.
I expect it will be back to $1.70 within a week.
What is going on? 25% drop in 10 minutes?, page-23
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Last
32.5¢ |
Change
-0.020(5.80%) |
Mkt cap ! $29.77M | |||
| Open | High | Low | Value | Volume |
| 34.0¢ | 34.5¢ | 32.0¢ | $27.10K | 81.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 5117 | 32.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 34.0¢ | 6594 | 3 |
View Market Depth
| Last trade - 14.19pm 27/06/2024 (20 minute delay) ? |
| SRL (ASX) Chart |