Topped up another 20k at 51c, and got another 20k order at 48c. As at 48c level, the 1 year RSI sits right on oversold territory.
EOFY trading certainly plays a part of this short term downtrend. same share price movement happened exactly on 29th Jun 2020. Plus the news about peter sell a tiny amount of his holding along with the misleading article for AFR this morning may helped the short seller to bash down the price further. All above are short term price fluctuation that went out of the track of fundamentals
Besides, I just cannot find any reason why JP morgan, Instine nomura, UBS, and many other instos will sit there and not top up millions of share at the current SP range, while their average buying cost since March were around 60c.
2021 BRN Discussion, page-14555
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Last
19.0¢ |
Change
0.010(5.56%) |
Mkt cap ! $372.2M | |||
| Open | High | Low | Value | Volume |
| 18.5¢ | 19.0¢ | 18.0¢ | $935.0K | 5.019M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 178405 | 18.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 19.0¢ | 562404 | 11 |
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| Last trade - 16.10pm 16/08/2024 (20 minute delay) ? |
| BRN (ASX) Chart |