Thursday's trading was certainly concerning, but would say that every day since the recent announcement on the 26th Nov has felt somewhat weak. There was definately a shift in behaviour once that was announced (open high, close on the lows each day).
Personally buying into/hoping it was more of investors derisking before the results were announced. It's been pretty openly flagged that results were due at the end of November, so seeing an increase in selling in the lead up to a make/break announcement is pretty logical. Bad results also are generally (but not always) just dropped on the market without the TH anyways, so fingers crossed that is the case here.
Thursday's trading was certainly concerning, but would say that...
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Last
8.6¢ |
Change
-0.004(4.44%) |
Mkt cap ! $15.39M | |||
| Open | High | Low | Value | Volume |
| 8.6¢ | 8.7¢ | 8.5¢ | $29.43K | 345.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 29940 | 8.6¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 8.9¢ | 3200 | 1 |
View Market Depth
| Last trade - 16.10pm 03/05/2024 (20 minute delay) ? |
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Last
8.6¢ |
Change
-0.004 ( 1.15 %) |
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| Open | High | Low | Volume | ||
| 8.6¢ | 8.6¢ | 8.5¢ | 17364 | ||
| Last updated 15.31pm 03/05/2024 ? | |||||
| WOA (ASX) Chart |