A 10% retracement on the first day freaked out the weak hands and then another dump/drop caused a domino effect so they sold out.
Or maybe someone had to pay a tax bill? Until the new broker data comes out, we won't know.
And until those sample results come back, we won't know either.
The SP was at its highest point in nearly 4 years. It's not a surprise some were profit taking
CAD Chart, page-400
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Last
0.2¢ |
Change
0.000(0.00%) |
Mkt cap ! $12.39M | |||
| Open | High | Low | Value | Volume |
| 0.2¢ | 0.2¢ | 0.2¢ | $1.401K | 700.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 96 | 393775051 | 0.1¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.2¢ | 18340896 | 14 |
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| Last trade - 13.46pm 05/11/2024 (20 minute delay) ? |
| MTL (ASX) Chart |