The recent sell-off was not confined to ASX, so unless NWNFM holds shares in the US market as well as in Australia, they could not account for the sudden flood of selling.
DEG is traded in the US under the symbol DGMLF and often has daily volume below 10,000 shares. The next session in the states following the "reverse speeding ticket" in ASX trading posted over 8 million shares and a little over 7% drop.
So the question still remains, what was that!
P.S The Session closed Friday in the states posted a gain of 1.49% on modest (32,000 shares) volume. Perhaps it was a one off mystery. I would still like to know what caused it.
Ann: Response to ASX Price and Volume Query, page-69
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Last
$1.24 |
Change
0.010(0.82%) |
Mkt cap ! $2.959B | |||
| Open | High | Low | Value | Volume |
| $1.23 | $1.24 | $1.21 | $4.933M | 4.027M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 13069 | $1.23 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.24 | 108282 | 7 |
View Market Depth
| Last trade - 16.10pm 18/07/2024 (20 minute delay) ? |
| DEG (ASX) Chart |