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
$2.25 |
Change
-0.100(4.26%) |
Mkt cap ! $1.284B | |||
| Open | High | Low | Value | Volume |
| $2.32 | $2.33 | $2.22 | $1.519M | 669.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 29 | 51727 | $2.24 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.25 | 11491 | 19 |
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| Last trade - 12.15pm 05/09/2024 (20 minute delay) ? |
| AX1 (ASX) Chart |