This is not speculation, not technical & all pretty obvious topline stuff but we don't need more conspiracy theories : 900% growth over 6 months after it took so long to realise it's potental!, no announcements recently = profit taking. Covid and loss of income for retail investors doesn't help. Potentially this drop is also already anticipating a poor announcement which should cushion the impact of a poor announcement a little. I would not be surprised if it keeps dropping and will top up as it drops. Some good news, which is a very strong possibility in the next few months, will have a very positive impact on confidence and the price. They did not pay out that dividend if they did not have great confidence in the growth of the business.
AVA chart, page-140
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Last
11.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $31.84M | |||
| Open | High | Low | Value | Volume |
| 11.0¢ | 11.0¢ | 11.0¢ | $4.318K | 39.25K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 147235 | 11.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 11.5¢ | 10000 | 1 |
View Market Depth
| Last trade - 16.10pm 12/07/2024 (20 minute delay) ? |
| AVA (ASX) Chart |