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.
Based on the buyer depth, anecdotally may be volume to sell into...
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