Agree. I believe it was indiscriminate selling from a couple of large holders trying to take advantage of the liquidity around the first market release, that pulled the stock down from 4c.
It's a pity the releease was so underwhelming in it's presentation, even though the content was very very good. Hopefully the company now appreciates that the market likes small bytes, bullet points, and headlines and headings that reflect the quality of the results (usually when people see "market update" followed by two pages of text they assume the results are not so good!). I think it has been mentioned here already - the last update could have been 2 or 3 seperate specific announcements. Next time around hopefully.
Agree. I believe it was indiscriminate selling from a couple of...
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Last
3.2¢ |
Change
-0.002(5.88%) |
Mkt cap ! $52.34M | |||
| Open | High | Low | Value | Volume |
| 3.3¢ | 3.3¢ | 3.2¢ | $3.676K | 114.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 196734 | 3.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 3.3¢ | 284500 | 1 |
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| Last trade - 15.46pm 18/09/2024 (20 minute delay) ? |
| PCK (ASX) Chart |