OK, I have been observing last two days trading action very closely!
I think it’s just one large holder/investor manipulating the price. Was selling in 500k lots yesterday from 23c to all the way down to 21c. Some traders joined in the process dragging the price down to 20.5c.
I believe the same holder is now trying to buy back the shares sold yesterday, obviously for cheaper price. I saw an order for 1m about an hour ago, moved up to 20.5c and then 21c now!!
We probably will see more of these games in the run up to 15th March!! Hold on to your shares tightly imho!!
Ann: Application for quotation of securities - DXB, page-82
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Last
38.5¢ |
Change
-0.005(1.28%) |
Mkt cap ! $214.4M | |||
| Open | High | Low | Value | Volume |
| 39.0¢ | 39.0¢ | 37.0¢ | $503.5K | 1.322M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 26318 | 38.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 39.0¢ | 170072 | 6 |
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| Last trade - 16.10pm 27/09/2024 (20 minute delay) ? |
| DXB (ASX) Chart |