The market is pricing "Halo" as a failure.
8th of June is when the escrow period finishes.
I think the selling pressure is due to that fact and maybe some end of year tax loss selling.
I will be riding this selling period out.
Given the sales pipeline of Halo and the high probability of first sales early in the new FY then the escrow situation/ tax loss selling could be providing the perfect storm buying setup opportunity for those who have a bit of patience.
Ann: Change of Director's Interest Notice - Nir **ay, page-36
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Last
31.0¢ |
Change
-0.030(8.82%) |
Mkt cap ! $46.91M | |||
| Open | High | Low | Value | Volume |
| 31.0¢ | 31.0¢ | 29.0¢ | $25.81K | 85.22K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 2628 | 32.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 33.0¢ | 4458 | 1 |
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| Last trade - 13.26pm 23/08/2024 (20 minute delay) ? |
| ELS (ASX) Chart |