The stop losses would have triggered at the open and margin borrowers simultaneously or shortly after so the rise thereafter to $19 makes sense. In theory this should have rallied to the margin lending ratio of 50% down then hovered for a while. It never really made it there and subsequent price weakness is the true form showing through.
This sucker is going down.
Ann: Trading Halt, page-28
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Last
17.8¢ |
Change
0.003(1.43%) |
Mkt cap ! $75.34M | |||
| Open | High | Low | Value | Volume |
| 17.8¢ | 17.8¢ | 17.5¢ | $9.047K | 50.98K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 15 | 7293686 | 17.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 18.0¢ | 1399496 | 11 |
View Market Depth
| Last trade - 15.01pm 26/07/2024 (20 minute delay) ? |
| SRX (ASX) Chart |