Think we have seen the likely impact of margin calls (at around 2pm). Big tick up in volumes traded and significant price drop extending.
Being a large retail held stock (>70% held by retail investors) we are looking like being under pressure for some time to come.
I booked some significantly reduced profits and will keep my holdings at lower levels whilst this works its way through the system. Definitely not going to be pleasant reading when we look at our holding statements.
Think we have seen the likely impact of margin calls (at around...
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Last
9.1¢ |
Change
0.003(3.41%) |
Mkt cap ! $194.4M | |||
| Open | High | Low | Value | Volume |
| 8.8¢ | 9.2¢ | 8.8¢ | $1.039M | 11.54M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 81119 | 9.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 9.1¢ | 1626537 | 18 |
View Market Depth
| Last trade - 16.10pm 20/06/2024 (20 minute delay) ? |
| CXO (ASX) Chart |