The two AW1 “flash share price crash” events or “Shanghaied periods” occurred on 4th September and 26th September.
- On the 4th Sept, AW1 released a Price Sensitive Announcement - Bonanza Copper Hits and New Discovery at Storm,
- a total of 513 comments reported, 167 k views on Hot Copper for this release.
- 26 million shares traded (Market Index value).
- AW1 placed in a trading halt on 1st September, price sensitive announcement released on 4th Sept and RSI moved down to 45 due to a 22% share price decline.
- On the 26th Sept, AW1 released a Price Sensitive Announce at 8:49am - More High-Grade Copper discovery at Storm,
- a total 391 comments reported, 95 k views on Hot Copper for this release.
- 31 million shares traded.
- RSI dropped from 47 to close at 33 (Oversold position), ultimately resulting in a 39% share price decline!!!
Hopefully future price sensitive announcements are not as severe as these two occasions combined with Shareholders being more aware of the down-ramper behaviour!!!!
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Price($) | Vol. | No. |
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