if you look at the trades since the rejection , you will find someone has been keeping a bottom lid to the share price.
It is not in a free fall, it is sustained selling.
The buyers have way out numbered the sellers every day yet price ended the day 1 at -22% and and then -10% and today already at -8%.
I can see a big holder is exiting in a controlled manner gives the impression that there are more buyers than sellers, it builds up a wall and then bang takes it away very quick sucking in retail investors.
So in summary it is not in a free fall.
AIMHO
DYOR
BOT - Anything but charting, page-6230
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Last
35.0¢ |
Change
0.005(1.45%) |
Mkt cap ! $631.5M | |||
| Open | High | Low | Value | Volume |
| 34.5¢ | 35.3¢ | 34.5¢ | $459.9K | 1.318M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 56367 | 35.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 35.5¢ | 301480 | 12 |
View Market Depth
| Last trade - 11.44am 21/10/2024 (20 minute delay) ? |
| BOT (ASX) Chart |