Thats a nice spike in volume. Looking good to me from a techincal perspective. This drop has closed the gaps from Nov 10 and 14 and And has consolidated well above the pivot low. Looks a little oversold and should recover reasonable quickly to the prior 3.70 trading range.
As for the quick yet minor change in guidance , yes i do wonder why they would announce that now.
Ann: AVITA Medical Updates Full Year 2023 Guidance, page-16
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 (20min delay)
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Last
$2.62 |
Change
-0.160(5.76%) |
Mkt cap ! $164.1M | |||
| Open | High | Low | Value | Volume |
| $2.67 | $2.67 | $2.62 | $1.182M | 446.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 2139 | $2.62 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.63 | 6090 | 11 |
View Market Depth
| Last trade - 15.58pm 15/05/2024 (20 minute delay) ? |
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Last
$2.62 |
Change
-0.160 ( 5.76 %) |
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| Open | High | Low | Volume | ||
| $2.64 | $2.67 | $2.62 | 29414 | ||
| Last updated 15.58pm 15/05/2024 ? | |||||
| AVH (ASX) Chart |