It's the price action of a company going bust.
The director purchases may have been with the idea of putting a floor in the share price which would allow shorting from higher levels but it seems the majority now realise it's going bust and the business model does not work.
Chart - Z1P, page-15357
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Last
$3.35 |
Change
0.100(3.08%) |
Mkt cap ! $4.373B | |||
| Open | High | Low | Value | Volume |
| $3.29 | $3.44 | $3.29 | $51.45M | 15.25M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 9 | 207994 | $3.35 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.36 | 215122 | 5 |
View Market Depth
| Last trade - 16.10pm 11/11/2024 (20 minute delay) ? |
| ZIP (ASX) Chart |