Probably a trader (or trading organisation) with a short-term focus taking profit after the rise so far this calendar year.
It's one of the frustrations long term holders in most companies need to tolerate - when business fundamentals go well, and prices rise, there will eventually be one or more traders taking a short-term profit and pushing the price down, often substantially, even if the fundamentals don't justify it.
For those who have the funds, those dips can provide opportunity though.
Ann: Strong 2024 Crop Volumes and Strengthening Market Pricing, page-25
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Last
$4.40 |
Change
0.020(0.46%) |
Mkt cap ! $532.6M | |||
| Open | High | Low | Value | Volume |
| $4.38 | $4.53 | $4.37 | $2.440M | 548.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 841 | $4.38 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $4.40 | 19457 | 1 |
View Market Depth
| Last trade - 16.10pm 22/07/2024 (20 minute delay) ? |
| SHV (ASX) Chart |