Rest assured that someone or some company intentionally sells off when the SP drops after a positive announcement with the intention of dismaying the shareholders (either LT or ST). The intent being to keep the SP low for the next CR offering and picking up cheap shares.
Sure we have a little way to go to get cash flow positive but not before a CR, which is almost a certainty.
Any positive announcement after that should have a material impact upon the SP and it wont be down.
Ann: CORONEO Australia New Zealand Distribution Partnership-AHZ.AX, page-26
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Last
$18.00 |
Change
0.035(0.19%) |
Mkt cap ! $346.0M | |||
| Open | High | Low | Value | Volume |
| $18.00 | $18.00 | $17.65 | $75.19K | 4.184K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 414 | $17.80 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $18.10 | 1000 | 1 |
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| Last trade - 16.10pm 11/07/2024 (20 minute delay) ? |
| AVR (ASX) Chart |