Would guess it is short term traders taking profits. Performance of the stock was very good on ex-divi day, those that bought a few weeks ago have had a good ride and now get to pocket and extra 11c per share. Traded $2.60-$2.70 for quite a while - if you were a buyer then, satisfied the 45 day rule for divi and take a ~15% capital gain as well why not
Would guess it is short term traders taking profits. Performance...
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 (20min delay)
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Last
$3.85 |
Change
-0.030(0.77%) |
Mkt cap ! $44.42B | |||
| Open | High | Low | Value | Volume |
| $3.86 | $3.87 | $3.84 | $12.73M | 3.300M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 54 | 228529 | $3.84 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.85 | 464154 | 52 |
View Market Depth
| Last trade - 10.50am 04/10/2024 (20 minute delay) ? |
| TLS (ASX) Chart |