80% of 29M shares are owned my top 20% shareholders. It means one big shareholder can manuplate the market by shorting at these levels and creating a fear in the market. Flooding news was announced on 15th march and it was expected that it will not run for next 4 to 6 months. Last 2 days of action is totally due to short traders activity. It will bounce back hard back to $1mark in next couple of weeks in my opinion. Once these short sellers start closing their positions.
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80% of 29M shares are owned my top 20% shareholders. It means...
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Last
40.0¢ |
Change
0.020(5.26%) |
Mkt cap ! $280.7M |
Open | High | Low | Value | Volume |
38.5¢ | 40.0¢ | 37.5¢ | $546.1K | 1.394M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 10239 | 39.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
40.0¢ | 177673 | 11 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 10239 | 0.390 |
4 | 33266 | 0.385 |
5 | 119622 | 0.380 |
1 | 8000 | 0.375 |
1 | 20000 | 0.365 |
Price($) | Vol. | No. |
---|---|---|
0.400 | 177673 | 11 |
0.405 | 66570 | 5 |
0.410 | 85104 | 6 |
0.420 | 73000 | 3 |
0.425 | 19719 | 2 |
Last trade - 16.10pm 17/09/2024 (20 minute delay) ? |
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29M (ASX) Chart |