Based on the buyer depth, anecdotally may be volume to sell into predetermined transaction or a carrot to lure weak hands - similar to price action in the past sell downs to 10c. Nervous short-sighted traders are looking to June 30 to confirm if company will be net or declare a profit. If nothing comes before the next quarterly, Kate will provide an update that they may not see profitability for FY23, 10c is more likely.
chart & chat, page-2135
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