Some big sells have pushed the price down, with only tepid buying at present.
What people need to understand, is that it costs Philip King of Royal nothing to dump 1 million shares (and making huge profits in the process)
As well as LDA Capital can dump millions of collateral shares at no cost (but they need to buy them back cheaper, from others selling)
Shares are trading well outside the Keltner Channel now, so should come back in from a charting perspective (showing oversold)
If you believe in the tech and the Company, don't sweat it
All my opinion only.
Some big sells have pushed the price down, with only tepid...
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Last
20.0¢ |
Change
-0.005(2.44%) |
Mkt cap ! $371.1M | |||
| Open | High | Low | Value | Volume |
| 20.5¢ | 21.0¢ | 19.5¢ | $796.1K | 3.947M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 36 | 1478980 | 19.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 20.0¢ | 205644 | 4 |
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| Last trade - 16.10pm 22/07/2024 (20 minute delay) ? |
| BRN (ASX) Chart |