I think the reason is just that it is a high quality stock that has been temporarily sold down. Some people with a long term horizon can see the long term value and are buying up at relatively low prices.
It's a buy. Pure and Simple., page-13
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Last
66.0¢ |
Change
0.005(0.76%) |
Mkt cap ! $117.0M | |||
| Open | High | Low | Value | Volume |
| 65.0¢ | 68.0¢ | 63.5¢ | $152.8K | 232.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 4650 | 65.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 66.5¢ | 2235 | 2 |
View Market Depth
| Last trade - 12.34pm 03/10/2024 (20 minute delay) ? |
| IRI (ASX) Chart |