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Actually the whole ASX is down :DTo everyone wondering: The main...

  1. PeterN123
    34 Posts.
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    17/09/20
    16:30
    Post #: 47425292
    Actually the whole ASX is down

    To everyone wondering:

    The main reason SZL is moving up and down so fast is because of the amount of outstanding shares available on the market.

    The founders and 1 institution are holding 60% of the shares:
    https://hotcopper.com.au/data/attachments/2481/2481470-9583871d76140c4fd1eff5cf3293ea6c.jpg
    There were only 2mil volumn traded today so i guess that is just day traders taking advantage of the volatility.
    Last edited by PeterN123: 17/09/20
    SZL Price at posting: $6.50 Sentiment: None Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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