I would probably lean towards it looking like stops were hit, as it did look like 1 cent was the stop loss price that was hit at about 2:26pm. As I am not sure if institutional investors just hit the sell button like that in micro caps. I would think that they tend to drip feed in and out of stocks over weeks/months.
I guess we will ultimately see in a few days if there is a change of substantial notice sometime next week.
I would probably lean towards it looking like stops were hit, as...
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Last
48.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $17.25M | |||
| Open | High | Low | Value | Volume |
| 48.0¢ | 48.0¢ | 48.0¢ | $31.2K | 65K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 248447 | 48.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 48.5¢ | 413454 | 5 |
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| Last trade - 15.21pm 05/09/2024 (20 minute delay) ? |
| SCL (ASX) Chart |