Possibly as the PS ratio is to high when compared to similar companies (albeit there is nothing exactly the same on the ASX). It's currently in a steady downward channel.
Whilst the IPO price of $17.13 provided some resistance between mid-July and the end of August, as it tips below the IPO nervous holders will increasingly sell to protect capital. The big question is where will it end...
Possibly as the PS ratio is to high when compared to similar...
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Last
$13.88 |
Change
-0.100(0.72%) |
Mkt cap ! $2.462B | |||
| Open | High | Low | Value | Volume |
| $13.96 | $13.97 | $13.81 | $2.425M | 174.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 965 | $13.81 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $13.89 | 800 | 2 |
View Market Depth
| Last trade - 16.10pm 23/08/2024 (20 minute delay) ? |
| PXA (ASX) Chart |