I agree, that degree of selling without a pause is unusual. Three possibilities are:
1- Large holding exiting
2- Institutional manipulation
3- Some sort of bad news has emerged, allowing insiders to exit
There was some pretty good buying early today, so I'd say it's 1 or 2. I think 67 is a good target from here.
Ann: 2017 AGM Presentation, page-58
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Last
$2.05 |
Change
0.030(1.49%) |
Mkt cap ! $388.9M | |||
| Open | High | Low | Value | Volume |
| $2.04 | $2.08 | $2.02 | $862.6K | 420.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 247 | $2.05 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.07 | 8084 | 2 |
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| Last trade - 16.10pm 18/10/2024 (20 minute delay) ? |
| WBT (ASX) Chart |