Most of my small cap Tech stocks have gone the same way this year. Based almost purely on sentiment with a general feeling these have been overvalued as a whole in my opinion.
This one in particular is very illiquid so will move more than most. A couple of impatient retail holders could have had this effect? They might be seeing more opportunities elsewhere at the moment?
The fundamentals seem OK to me and my personal investment thesis intact. So these SP movements do not worry me at all. I just see a discount to be taken advantage of.
Ann: H1 FY22 Results Annoucement, page-11
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Last
48.5¢ |
Change
-0.005(1.02%) |
Mkt cap ! $31.20M | |||
| Open | High | Low | Value | Volume |
| 48.5¢ | 49.0¢ | 48.5¢ | $5.042K | 10.35K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 3532 | 48.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 50.0¢ | 1000 | 1 |
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| Last trade - 14.37pm 28/06/2024 (20 minute delay) ? |
| STG (ASX) Chart |