Combination of factors I'd say. The new hires contributing to cash burn and a whole bunch of overleveraged dummies selling coupled with a slight uptick in shorts and lack of buyers means weakness. But let's see what happens in a few months and reassess.
OCC chart, page-2015
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 (20min delay)
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Last
66.5¢ |
Change
0.025(3.91%) |
Mkt cap ! $163.7M | |||
| Open | High | Low | Value | Volume |
| 64.5¢ | 69.0¢ | 64.0¢ | $660.0K | 984.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 8722 | 66.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 67.0¢ | 15691 | 2 |
View Market Depth
| Last trade - 15.45pm 11/11/2024 (20 minute delay) ? |
| OCC (ASX) Chart |