Its just seems so often to get sold down to its daily range low on close, irrespective of volume (160K+ volume today is decent). In fact bar Tuesday it got sold down on close to the low of its daily range every day this week.
I don't normally put too much belief in some of the far fetched discussions on HC of share price manipulation talk, but this normally the antics of a broker (so they can point their client to an average $0.465/47 sell price on order vs $0.46 close) or other party interested in a lower close - if you are a seller, unless you are a shorter you'd still want a higher close on the unsold portion of your shareholdings?
Perhaps there has been a broker offloading a larger holding this week? Good riddance.
Have a good weekend all.
Its just seems so often to get sold down to its daily range low...
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Last
39.0¢ |
Change
0.010(2.63%) |
Mkt cap ! $81.63M | |||
| Open | High | Low | Value | Volume |
| 37.5¢ | 39.0¢ | 37.5¢ | $49.66K | 129.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 20305 | 37.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 39.0¢ | 77938 | 2 |
View Market Depth
| Last trade - 16.10pm 19/07/2024 (20 minute delay) ? |
| OCC (ASX) Chart |