Could be as simple as wanting to lock in some profit. I've you've bought in the $1 - $1.50 range, it's tempting to take some money off the table after a 100% return, and this market shock may have been a good excuse to do so.
Also, across the ASX there has been a heavy sell off of companies towards the speculative end (which MSB still falls under until approvals and other announcements which are due this year).
Could be as simple as wanting to lock in some profit. I've...
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 (20min delay)
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Last
$1.09 |
Change
0.015(1.40%) |
Mkt cap ! $1.238B | |||
| Open | High | Low | Value | Volume |
| $1.11 | $1.12 | $1.08 | $11.51M | 10.52M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 17804 | $1.09 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.09 | 230637 | 5 |
View Market Depth
| Last trade - 16.10pm 03/05/2024 (20 minute delay) ? |
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Last
$1.09 |
Change
0.015 ( 1.85 %) |
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| Open | High | Low | Volume | ||
| $1.10 | $1.12 | $1.08 | 1937390 | ||
| Last updated 15.59pm 03/05/2024 ? | |||||
| MSB (ASX) Chart |