I would be guessing but I think some people may have bought in before the report and just can't take it anymore so they bail at any price.
I had a scan through all of the trades and it's very small trades that are dragging the price down. Very illiquid, but I did see some poor person bought at $2.14 this morning and after an hour of trade it dropped to $1.91 ouch.
Looks very cheap, but who knows if it can keep falling? This sell off has nothing to do with fundamentals.
Ann: Full Year Statutory Accounts-FRM.AX, page-7
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Last
12.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $27.18M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 90000 | 10.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 11.5¢ | 1737 | 3 |
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