My guess would be profit taking after the good run for the last 6 months. The Chinese revision of growth probably has some people nervous.
This share price drop has happened before usually caused by low volumes and followed by a period of flat share price, then as the volume improves so does the share price.
morning trade, page-2
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Last
$1.79 |
Change
0.030(1.71%) |
Mkt cap ! $1.348B | |||
| Open | High | Low | Value | Volume |
| $1.79 | $1.81 | $1.79 | $6.108M | 3.404M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 33130 | $1.79 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.79 | 4014 | 3 |
View Market Depth
| Last trade - 16.10pm 04/07/2024 (20 minute delay) ? |
| RRL (ASX) Chart |