I think there is a short seller playing games with this share.
if you watch the trades.
occasionally someone will put in a sell order that triggers stop losses. Causing the price to drop dramatically.
probably a fund manager like UBS who have sold as many shares as they have purchased.
They sell large chunks of shares. At strategic times to bring the price down. In the mean time they make a larger profit out of their short position.
It should be illegal.
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Last
$2.40 |
Change
0.050(2.13%) |
Mkt cap ! $919.1M | |||
| Open | High | Low | Value | Volume |
| $2.36 | $2.42 | $2.35 | $12.42M | 5.197M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 186329 | $2.39 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.40 | 180240 | 8 |
View Market Depth
| Last trade - 16.10pm 20/06/2025 (20 minute delay) ? |
| NUF (ASX) Chart |