I think we're seeing not only.here but many stocks is exhaustion of retail investors.
A lot holding spec stocks would be thinking what the he'll the stock market only goes up and now they are.seeing a prolong sideways to downward spiral.
Margin calls would be increasing as interest rates rise or stay high.
The pied piper is catching up and he's whistling for his dollars.
Those who can't afford to hold are folding like a beach chair at 4pm at bondi beach.
Cheers
BDM Daily SP Discussion, page-490
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Last
19.5¢ |
Change
0.005(2.63%) |
Mkt cap ! $277.1M | |||
| Open | High | Low | Value | Volume |
| 19.0¢ | 20.0¢ | 19.0¢ | $95.53K | 489.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 26289 | 19.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 20.0¢ | 272449 | 3 |
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| Last trade - 15.40pm 09/07/2024 (20 minute delay) ? |
| BDM (ASX) Chart |