The selling in recent days is NOT due to the quality of information released in the last lot of announcements.
In my opinion it is primarily as a result of loose stock in the hands of manipulating Traders and some shareholders who are panicking rather than focusing on fundamentals.
There can be no other reasonable explanation.
I do recall speaking to two large shareholders after the shareprice fell due to the CR that they reduced their holding in anticipation of buying lower. Maybe history repeating. I took advantage at that time buying more shares at 14.5c. Another great time to load up.
August Trades, page-126
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Last
11.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $126.8M | |||
| Open | High | Low | Value | Volume |
| 10.5¢ | 11.0¢ | 10.5¢ | $80.72K | 760.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 156700 | 10.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 11.0¢ | 692756 | 7 |
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| Last trade - 16.10pm 08/08/2024 (20 minute delay) ? |
| LIN (ASX) Chart |