A sharp drop like today usually comes down to two reasons: either all the good news has already been priced in, or the outcome fell short of expectations. I believe it’s the latter—falling short of expectations. The 6.55% tariff didn’t meet the expectations of many, so they chose to sell their shares, which led to a 15% drop today. Once they finish selling, the stock price should stabilize.
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Last
55.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $353.2M | |||
| Open | High | Low | Value | Volume |
| 55.0¢ | 55.5¢ | 52.3¢ | $2.900M | 5.352M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1090 | 55.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 55.5¢ | 48251 | 3 |
View Market Depth
| Last trade - 16.10pm 25/07/2025 (20 minute delay) ? |
| NVX (ASX) Chart |