And I don't mean a lot...... just a little
Literally yesterday, yes 24 hours ago, it was all positive sentiment, break out the champagne, how high can we go, toot toot and all that, and today with the slightest bit of selling pressure and it's like everything is forgotten
Why on god's green earth would the share price collapse 2 weeks out from an announcement widely anticipated to have massive implications for the stock?
We aren't even near the share placement price, which was seen as a good entry price for many astute investors long before the imminent de-risking event.
yes the price has run hard, but that has to be viewed in the context of where it came from..... a pitiful 9 cents on the back of broader market panic, Nasdaq hype hangover, and a gross over reaction to non-core PRR issues.
15c to 20c was the trading range for the second 6 months of 2011, and we are now back in that range, and justifiably about to bust out of it IMO.
If an intra-day 1c drop is going to spook you now, then good luck to you...... you'll need it!
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Last
39.5¢ |
Change
-0.010(2.47%) |
Mkt cap ! $573.7M |
Open | High | Low | Value | Volume |
39.5¢ | 40.8¢ | 39.0¢ | $1.291M | 3.270M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
4 | 160217 | 39.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
40.5¢ | 119125 | 4 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
4 | 160217 | 0.395 |
2 | 3857 | 0.390 |
3 | 73188 | 0.385 |
6 | 81173 | 0.380 |
2 | 38500 | 0.375 |
Price($) | Vol. | No. |
---|---|---|
0.405 | 59125 | 3 |
0.410 | 237258 | 6 |
0.415 | 86091 | 5 |
0.420 | 494057 | 7 |
0.425 | 69000 | 3 |
Last trade - 16.10pm 02/09/2024 (20 minute delay) ? |
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