S32 dropped from a $1.74 on 11th, to a low of $1.485 today, 15% drop in 9 trading days with the market overall dropped 6%
I think its capitulation, people cutting their losses prior to the report, not sure if the report comes out before or after trading Monday, but it was pretty hectic in the last hour today.
With all the bad news around, i think it will be pretty easy for the report to trigger a push back to $1.70 where it was pretty stable for two and half months. If nothing else it removes uncertainty, and give indicators to the future direction of the company.
(or i could be completely wrong)
Declining Share Price, page-136
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Last
$3.68 |
Change
0.010(0.27%) |
Mkt cap ! $16.66B | |||
| Open | High | Low | Value | Volume |
| $3.64 | $3.68 | $3.59 | $79.47M | 21.76M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 6274 | $3.63 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.68 | 285695 | 3 |
View Market Depth
| Last trade - 16.10pm 31/10/2024 (20 minute delay) ? |
| S32 (ASX) Chart |