Only my humble opinion, but there was literally no other reason than FOMO for the price to be as high as it was.
In this market (and the predicted to be worse coming), they might have decided to take advantage of it while the going was good.
No one forced shareholders to buy - they probably just read the sheer volume of hype that’s been on this forum as of late and created the aforementioned FOMO.
Only my humble opinion, but there was literally no other reason...
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Last
$1.72 |
Change
0.080(4.88%) |
Mkt cap ! $1.311B | |||
| Open | High | Low | Value | Volume |
| $1.63 | $1.74 | $1.63 | $19.21M | 11.29M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 30000 | $1.72 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.73 | 49024 | 2 |
View Market Depth
| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| DRO (ASX) Chart |