You may be right. There will be a bunch of holders happy to cash in a tax loss event this financial year depending on their entry price. Makes sence if the metrics are right and they carry a capital gain elsewhere. One would assume they/some will buy back in by July 22 to restore upside opportunity, which IMO will come when the news flows and the shorts make good.
Chart, page-9
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Last
45.0¢ |
Change
-0.080(15.1%) |
Mkt cap ! $43.63M | |||
| Open | High | Low | Value | Volume |
| 53.0¢ | 53.0¢ | 45.0¢ | $95.35K | 203.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 283 | 45.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 46.0¢ | 3634 | 3 |
View Market Depth
| Last trade - 13.41pm 16/08/2024 (20 minute delay) ? |
| PPK (ASX) Chart |