What I would love to know is who is selling and why.
Is it people close to the company selling who might know some bad developments?
Is it retail holders who have lost hope in the business and capitulating?
is it people who just need the cash for other reasons?
Is it technical traders just following the trend down?
Enterprise Value / Sales is now about 2.8.
found a general tech article which explains some possible reasons why tech is being hit so hard.
https://fortune.com/2022/05/14/why-are-tech-stocks-down-end-faang-era/
What I would love to know is who is selling and why.Is it people...
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Last
1.8¢ |
Change
-0.001(5.26%) |
Mkt cap ! $20.27M | |||
| Open | High | Low | Value | Volume |
| 1.8¢ | 2.0¢ | 1.8¢ | $57.88K | 3.047M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 19 | 1686410 | 1.8¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.9¢ | 577518 | 2 |
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| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| VR1 (ASX) Chart |