Selling pressure would continue across small caps as Fed said that rates are going to stay as is for a long time and maybe another increase is on the cards!
A lot of small caps would need on going funding else they would be cash crunched and choke eventually.
Market cap and valuation is being tested right now and that presents a perfect opportunity for shorters/instos.
Most small companies have hit the panic button and are in survival mode already.
Selling pressure would continue across small caps as Fed said...
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Last
22.0¢ |
Change
0.005(2.33%) |
Mkt cap ! $408.3M | |||
| Open | High | Low | Value | Volume |
| 21.5¢ | 23.5¢ | 21.3¢ | $7.637M | 34.28M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 15 | 503753 | 22.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 23.0¢ | 196385 | 4 |
View Market Depth
| Last trade - 16.10pm 21/06/2024 (20 minute delay) ? |
| BRN (ASX) Chart |