The March update did not provide shareholders with good news. However, a 25% hit today AND yesterday is beyond an overreaction. Just looks like panic over-selling from some bad news combined with a 4-day break from trading. This Easter long weekend will allow the panic to calm down and the share price will rise to a more suitable level. I can see this stock getting back up to $2 very shortly. The ship may have already left port for potential buyers. We'll have to wait and see come Tuesday.
The March update did not provide shareholders with good news....
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Last
$1.80 |
Change
0.020(1.12%) |
Mkt cap ! $879.5M | |||
| Open | High | Low | Value | Volume |
| $1.80 | $1.81 | $1.77 | $226.4K | 126.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 86 | $1.80 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.82 | 77951 | 2 |
View Market Depth
| Last trade - 16.10pm 24/05/2024 (20 minute delay) ? |
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Last
$1.80 |
Change
0.020 ( 0.87 %) |
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| Open | High | Low | Volume | ||
| $1.79 | $1.81 | $1.77 | 325217 | ||
| Last updated 15.59pm 24/05/2024 ? | |||||
| NGI (ASX) Chart |