Yeah the company has obviously taken a positive step forward but the market doesn't want to hold or buy due to;
1. Day traders copping a lose because they're scared of a bigger loss
2. Long termers selling out because they've held for so long that this sudden jump is enough to satisfy them
3. Anyone else in between that is just following the negative momentum and getting scared and selling out
There is not enough investors with a sound understanding of the company that are buying to outweigh the 3 investors I listed above. That's why this share trading game is such a tough business.
Ann: HSV-2 Interim Results Announcement-AHZ.AX, page-93
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Last
$13.14 |
Change
0.140(1.08%) |
Mkt cap ! $277.7M | |||
| Open | High | Low | Value | Volume |
| $13.20 | $13.50 | $13.14 | $559.5K | 42.05K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 1180 | $13.00 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $13.35 | 500 | 1 |
View Market Depth
| Last trade - 16.10pm 12/09/2024 (20 minute delay) ? |
| AVR (ASX) Chart |