Who is selling? Anyone who can no longer stomach the 50% drop in the share price from the all-time high. Maybe they think it's better to sell at $5.22 rather than wait until it gets to $4.
There would be lots of small holders that have cut their losses recently. Loss aversion bias coming to the fore with this relentless drop in share price.
CHN chart, page-3112
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 (20min delay)
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Last
$1.70 |
Change
0.040(2.41%) |
Mkt cap ! $661.3M | |||
| Open | High | Low | Value | Volume |
| $1.67 | $1.71 | $1.63 | $4.299M | 2.673M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 500 | $1.70 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.70 | 32524 | 4 |
View Market Depth
| Last trade - 16.10pm 18/10/2024 (20 minute delay) ? |
| CHN (ASX) Chart |