Fair enough. I can't remember a specific example but I felt in the past there had been cases where SP pressure (possibly due to short selling) effectively forced asset sales/recapitalisation. Though maybe I had the cause & effect wrong and the SP drop was an effect not the cause.
Ann: Market Update and FY24 trading conditions, page-62
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$1.33 |
Change
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Mkt cap ! $277.1M | |||
| Open | High | Low | Value | Volume |
| $1.30 | $1.33 | $1.30 | $299.1K | 228.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 2340 | $1.30 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.33 | 2336 | 1 |
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