I have my suspicions on what's going on currently with the share price.. I would speculate institutional investors have had a conversation with what price they would like to pay for a capital raise and they're currently selling with the knowledge they will be able to purchase back at said price.
I don't believe the results were bad enough to represent a two million dollar market cap.
again this is only speculation.
personally I see this as a buying opportunity.
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Last
59.0¢ |
Change
-0.045(7.09%) |
Mkt cap ! $272.4M | |||
| Open | High | Low | Value | Volume |
| 63.0¢ | 63.5¢ | 59.0¢ | $5.152M | 8.439M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 35198 | 59.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 59.5¢ | 50000 | 1 |
View Market Depth
| Last trade - 16.10pm 26/06/2025 (20 minute delay) ? |
| MTM (ASX) Chart |