If the short selling (goodness knows who is facilitating this) was more prevalent it may go some way to explain the SP decline. We can only deduce that those who are selling have either lost faith or are traders who anticipated a quicker turnaround. Surely any long term holder, and by that l mean two years and over wouldn't wait this long only to sell six months out from major trial results? So who is selling?
market depth-analysis, page-7
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Last
35.5¢ |
Change
0.015(4.41%) |
Mkt cap ! $515.6M | |||
| Open | High | Low | Value | Volume |
| 34.0¢ | 36.0¢ | 34.0¢ | $1.270M | 3.611M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 286261 | 35.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 36.0¢ | 253490 | 7 |
View Market Depth
| Last trade - 16.10pm 16/08/2024 (20 minute delay) ? |
| IMM (ASX) Chart |