Broker data for the day of the announcement.Massive selling from...

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    Broker data for the day of the announcement.
    Massive selling from professional investors to retail — a classic example of retail trying to catch a falling knife.

    Top 4 buyers — all retail brokers.

    https://hotcopper.com.au/data/attachments/7025/7025181-071c820338168176f3f0aa5d06b59f44.jpg


    Accumulation/distribution chart for retail investors.
    A clear demonstration of the magnitude of selling from professionals to retail. There’s a huge spike in retail holdings on the day of the announcement.

    https://hotcopper.com.au/data/attachments/7025/7025183-1932992d325c8e526ebbf51ea102b960.jpg


    Accumulation/distribution chart for investment banks. As you can see, investment banks had been accumulating, but the news caught them off guard as well. The result was a wave of selling. I’d expect that selling to continue.

    https://hotcopper.com.au/data/attachments/7025/7025187-87288abcee05de5af54fc1fabe896d6d.jpg
 
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(20min delay)
Last
$2.43
Change
0.030(1.25%)
Mkt cap ! $930.6M
Open High Low Value Volume
$2.44 $2.45 $2.38 $5.195M 2.142M

Buyers (Bids)

No. Vol. Price($)
1 970 $2.43
 

Sellers (Offers)

Price($) Vol. No.
$2.44 750 1
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Last trade - 16.10pm 27/06/2025 (20 minute delay) ?
NUF (ASX) Chart
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