Why is it so? The market is now in correction - which means 10% off of its high earlier this year and as this is still classified as a spec stock, guess what gets sold off before other types of stocks. Then add the possible shorting of the stock and you have a double whammy. If you have been involved in the sharemarket for a reasonable amount of time, you would understand that increase in share prices are not necessarily linear.
The gas hasn’t moved, they are adding further resources to their existing portfolio, the market or the possible suitor will show their hand at some point.
Ann: Walyering Production Update, page-199
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Last
17.5¢ |
Change
-0.005(2.78%) |
Mkt cap ! $501.4M | |||
| Open | High | Low | Value | Volume |
| 18.0¢ | 18.0¢ | 17.0¢ | $1.170M | 6.732M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 37 | 1634397 | 17.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 17.5¢ | 617607 | 7 |
View Market Depth
| Last trade - 16.10pm 16/08/2024 (20 minute delay) ? |
| STX (ASX) Chart |