I would say the sell-off was done by ST traders / smaller holders; the big holdings are probably still there as the DTOR and hold for longer term.
This is panic sell usually by nervous people; which synchronized can have this effect, especially on tight float; the opposite is also true: when it comes back up it will come hard and fast.
Didn't sell a share in the last 3 months.
I would say the sell-off was done by ST traders / smaller...
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Last
16.5¢ |
Change
-0.005(2.94%) |
Mkt cap ! $78.20M | |||
| Open | High | Low | Value | Volume |
| 17.0¢ | 17.0¢ | 16.0¢ | $426.5K | 2.577M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 14 | 425203 | 16.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 16.5¢ | 83886 | 4 |
View Market Depth
| Last trade - 16.10pm 24/06/2024 (20 minute delay) ? |
| GLN (ASX) Chart |