if you search for AX1 news you will find the recent article headed as below:-
"Accent Group (ASX:AX1) shareholders YoY returns are lagging the company's 93% one-year earnings growth"
Insider trading is mentioned but it does not go into detail. Surely if directors where involved shareholders we would know by now.
As you say it is a wonder the ASX haven`t requested an explanation for the large drop.
Interesting that the large World Investment Company who previously set a price target of $3.10 have since revised it to $2.80.
No announcements about the drop, page-2
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Last
$2.33 |
Change
0.050(2.19%) |
Mkt cap ! $1.318B | |||
| Open | High | Low | Value | Volume |
| $2.27 | $2.33 | $2.26 | $1.458M | 631.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 7036 | $2.30 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.33 | 63772 | 4 |
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| Last trade - 16.10pm 08/10/2024 (20 minute delay) ? |
| AX1 (ASX) Chart |