Notice was for a change on the 1/11thMore than a million shares traded since then, roughly 4% of the company, clearly I was wrong about them not selling out at any cost, sadly it looks as though there is probably another million or so shares for them to unload if we assume half of the volume each day is them selling.
This is just relentless selling pressure day after day, not a single day of strength in months, last actual attempt at an up move was June!
Not even a dead cat bounce
Really concerning the company doesn't at least out a small buyback in place, directors aren't buying, crazy to think they are planning on paying dividends of around $7m at the next half based on revised guidance, could cancel that and buy back 11% of the company at current prices, would still be debt free!
Notice was for a change on the 1/11thMore than a million shares...
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Last
$6.66 |
Change
0.010(0.15%) |
Mkt cap ! $248.8M | |||
| Open | High | Low | Value | Volume |
| $6.67 | $6.67 | $6.64 | $765.6K | 114.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 2217 | $6.65 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.66 | 17844 | 1 |
View Market Depth
| Last trade - 16.10pm 24/06/2025 (20 minute delay) ? |
| TRS (ASX) Chart |