I think the sell off is largely tax loss selling. If you got a 50% loss on this (which is actually small % given it spent most of its time above 10c over the last 3 years), but gains elsewhere there is a concrete $ value to realising your loss over the next two weeks to offset tax gains. Selling could accelerate as we get closer to June 30, but I would expect a small rebound early July.
I think the sell off is largely tax loss selling. If you got a...
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Last
0.8¢ |
Change
0.000(0.00%) |
Mkt cap ! $9.253M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 2304620 | 0.8¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.9¢ | 3022218 | 5 |
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