I'd say that insider support/buying has probably/likely taken a back seat, and then the asx is down AND the VIX is up (both working against small cap/growth/spec stocks, all things being equal). GG could be waiting for it to settle down at a low, or perhaps he is satisfied with his holding now?
The thing is the CMO just bought a bunch of ADRS, which could have been an unintentional nod to the shorters too: "no expected material news incoming that I am aware of" (or put me in cuffs for insider trading if that's not the case).
Patience. randomness. and Drama! gotta love this stock.
chart, page-36
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Last
$1.13 |
Change
-0.025(2.17%) |
Mkt cap ! $1.284B | |||
| Open | High | Low | Value | Volume |
| $1.15 | $1.16 | $1.11 | $7.363M | 6.488M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 94863 | $1.13 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.13 | 5000 | 2 |
View Market Depth
| Last trade - 16.10pm 26/07/2024 (20 minute delay) ? |
| MSB (ASX) Chart |