More than likely the SP is being driven down by tax loss selling. I say again, if I had bought in at $9.00 or more, and an awful lot did, I'd sell, book my capital loss, and get back in. At present I'm fortunately not down enough to look at booking the loss. When I think the downslide is over, I'll start slowly accumulating again. If it takes off, there always plenty of time to jump onboard the proverbial train. Trains then leave the station every 15 minutes and they lead to profit. Except the last train to Clarksville.
As for manipulation, it's ignorant to say one large institution is doing it. Where is their change in substantial holding notice?? Elemental is more spot on the money. No news for awhile so very little interest. Why put your money into something with no return for a few months. Might as well leave it an interest bearing account and get something.
More than likely the SP is being driven down by tax loss...
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Last
$1.81 |
Change
0.060(3.43%) |
Mkt cap ! $1.453B | |||
| Open | High | Low | Value | Volume |
| $1.78 | $1.81 | $1.76 | $8.120M | 4.523M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 5782 | $1.80 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.81 | 204687 | 10 |
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| Last trade - 16.10pm 16/08/2024 (20 minute delay) ? |
| KAR (ASX) Chart |