My guess is some selling by stop losses being hit. Also some non institutional investors may have been hit by margin calls, Australian and International holders. And there are some Australian institutions and large superannuation funds think that lending their stock to make a small margin makes sense. Maybe some have forgotten their Annual results (performance figures) are based on 30 June 2021 figures!).
CHN chart, page-9
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 (20min delay)
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Last
$1.65 |
Change
-0.025(1.50%) |
Mkt cap ! $651.5M | |||
| Open | High | Low | Value | Volume |
| $1.67 | $1.70 | $1.62 | $2.224M | 1.335M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 12 | 9015 | $1.64 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.65 | 582 | 4 |
View Market Depth
| Last trade - 12.20pm 04/06/2024 (20 minute delay) ? |
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Last
$1.64 |
Change
-0.025 ( 1.62 %) |
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| Open | High | Low | Volume | ||
| $1.69 | $1.70 | $1.62 | 329942 | ||
| Last updated 12.42pm 04/06/2024 ? | |||||
| CHN (ASX) Chart |