$2.50 AUD is the bearish resistance level, it will not go below that but not much beyond given the T/A.
In an illiquid market like the ASX, the T/A will overtrump the F/A over the long run depending on the Long Run Supply and the Long Run Demand for a Stock.
So the depth is important and the depth is pointing to a wave going down to $2.50 before recover on a rising wave IMHO but as always please DYOR.
Ann: Production Update Q1 September FY20, page-16
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