People need to just chill out - I’ve seen it a couple of times recently on other stocks I hold where there were large sells/ director selling & general weak share price which were followed up by some very good announcements.
Two relatively recent examples in other stocks I held:
https://hotcopper.com.au/threads/ann-trading-halt.5522108/#post-46142200 - $500k selloff before a trading halt - check out the similar comments to here
followed by a positive announcement which resulted in a 20-30% increase in SP
https://hotcopper.com.au/threads/ann-diamond-drilling-confirms-gold-at-depth-at-ne-bankan-guinea.5528300/
Similar with CHN with a director sale- https://hotcopper.com.au/threads/ann-change-of-directors-interest-notice-s-quin.5544029/
which was followed up by an announcement which lifted the price by 40-50%: https://hotcopper.com.au/threads/ann-significant-extension-of-high-grade-zones-at-julimar.5559137/
Quietly confident on the upcoming results given the info we know so far but either way its too late to do anything about it now.
People need to just chill out - I’ve seen it a couple of times...
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Last
34.5¢ |
Change
-0.005(1.43%) |
Mkt cap ! $189.6M | |||
| Open | High | Low | Value | Volume |
| 35.5¢ | 35.8¢ | 33.5¢ | $2.114M | 6.083M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 13 | 516070 | 34.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 34.5¢ | 3146 | 1 |
View Market Depth
| Last trade - 16.10pm 07/05/2024 (20 minute delay) ? |
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Last
34.5¢ |
Change
-0.005 ( 0.83 %) |
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| Open | High | Low | Volume | ||
| 35.5¢ | 36.0¢ | 33.5¢ | 3852478 | ||
| Last updated 15.59pm 07/05/2024 ? | |||||
| DXB (ASX) Chart |