"No doubt a degree of shorting and loss of confidence by holders can be partly attributed to this."
What degree? Not a lot imo and as you say. I would be more inclined to weight a larger degree to loss of confidence and/or lack of patience. No doubt many who had bought at higher prices where also stopped out to protect remaining capital.
Perhaps they will also come back if the worm has well & truly turned upwards?
Chart, page-4
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Last
60.5¢ |
Change
0.015(2.54%) |
Mkt cap ! $51.43M | |||
| Open | High | Low | Value | Volume |
| 58.0¢ | 61.0¢ | 53.5¢ | $38.60K | 68.76K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 750 | 59.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 61.5¢ | 1669 | 2 |
View Market Depth
| Last trade - 15.57pm 03/05/2024 (20 minute delay) ? |
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Last
61.0¢ |
Change
0.015 ( 4.58 %) |
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| Open | High | Low | Volume | ||
| 56.5¢ | 61.5¢ | 53.5¢ | 14969 | ||
| Last updated 15.59pm 03/05/2024 ? | |||||
| SRL (ASX) Chart |