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.
Probably a trader (or trading organisation) with a short-term...
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 (20min delay)
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Last
$3.49 |
Change
0.120(3.56%) |
Mkt cap ! $405.5M | |||
| Open | High | Low | Value | Volume |
| $3.35 | $3.50 | $3.33 | $536.1K | 156.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 18 | 2775 | $3.48 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.50 | 2977 | 13 |
View Market Depth
| Last trade - 12.46pm 08/05/2024 (20 minute delay) ? |
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Last
$3.49 |
Change
0.120 ( 3.19 %) |
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| Open | High | Low | Volume | ||
| $3.35 | $3.50 | $3.33 | 25005 | ||
| Last updated 13.03pm 08/05/2024 ? | |||||
| SHV (ASX) Chart |