Yes seems like a liquidity crunch forced sell for Ausbil.
Their loss our gain (for anyone that has bought in the dip.
I expect this to return to where it was at 50c+ in the next few weeks (and most probably higher if there is any good news on tailings).
Based on my knowledge of the tailings situation, the public servants assessing this will be under pressure from all fronts to ensure the mine continues operating. No public servant or minister wants job losses on their hands/watch and more often than not a path forward by public servants is found when crunch time hits.
Yes seems like a liquidity crunch forced sell for Ausbil. Their...
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Last
48.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $336.8M | |||
| Open | High | Low | Value | Volume |
| 48.0¢ | 48.5¢ | 47.5¢ | $707.3K | 1.474M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 8 | 81534 | 48.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 48.5¢ | 50150 | 2 |
View Market Depth
| Last trade - 16.10pm 03/05/2024 (20 minute delay) ? |
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Last
48.5¢ |
Change
0.000 ( 0.12 %) |
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| Open | High | Low | Volume | ||
| 48.0¢ | 48.5¢ | 47.5¢ | 522239 | ||
| Last updated 15.59pm 03/05/2024 ? | |||||
| 29M (ASX) Chart |