Let's put some context to this and not throw the baby out.
A setback yes. A great concept yes. Needed for the Aus energy market stability yes.
Volume traded yesterday less than 2% of market cap. Sellers possibly had margin calls and may have had no choice to sell. Right now they are the ones who have DEFINITELY lost on this deal.
The share price right now is being set by desperate sellers.
The buyers are very fortunate IMO.
Common sense should prevail.
Sit tight...
News: GNX Australia's Genex pumped hydro project funding falls through, shares tank, page-4
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Last
27.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $373.9M | |||
| Open | High | Low | Value | Volume |
| 27.0¢ | 27.5¢ | 27.0¢ | $117.9K | 434.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 29 | 61680140 | 27.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 27.5¢ | 10453851 | 71 |
View Market Depth
| Last trade - 15.52pm 19/07/2024 (20 minute delay) ? |
| GNX (ASX) Chart |