why on earth would you sell now?
when the new CR shares hit market I fully expected the price to drop to 21.5 - and it didn't, at least not right away... plenty of time to sell at better than today's 20.5 it's no surprise that we're testing the CR line, some of these new hands probably sold their lions-share for a significant profit, and are only slightly watering it down by bailing out their last few below cost. this is surely triggering some stop-losses as @runaway has said, and at this stage post CR all we're really seeing is bots, chart readers and firms trading on fugazi - the true value will return, this is a great opportunity for those 'in the know'
Bot Chart, page-1783
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Last
40.0¢ |
Change
0.050(14.3%) |
Mkt cap ! $724.0M | |||
| Open | High | Low | Value | Volume |
| 35.5¢ | 40.0¢ | 35.5¢ | $6.075M | 15.87M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 287187 | 39.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 40.0¢ | 1920397 | 33 |
View Market Depth
| Last trade - 16.10pm 30/08/2024 (20 minute delay) ? |
| BOT (ASX) Chart |