Selmax - I'm on the same page as you on this.....massive volume in 3 weeks on the back of the capital raising & earnings downgrade but it looks well overdone compared to mvmts in SP of its US peers like Monsanto who also revised guidance and are affected more by these short term trading issues.
Looks like it has stabilised around the $9 mark and should move back as selling dries up.
There is still the China takeover talk resurfacing as speculated in the press over the past few weeks.
IMO this is a great time to accumulate at $9 level.
hi rhinonz,, page-44
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Last
$4.00 |
Change
-0.020(0.50%) |
Mkt cap ! $1.544B | |||
| Open | High | Low | Value | Volume |
| $3.96 | $4.05 | $3.96 | $1.436M | 359.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 14 | 9087 | $4.00 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $4.01 | 5721 | 19 |
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| Last trade - 11.53am 19/08/2024 (20 minute delay) ? |
| NUF (ASX) Chart |