Someone wants out butt he volumes are very low. Some will get too nervous and fair enough, it's a long wait getting longer. Some will possibly stop out if buyers step back from the 29c+ support, in which case the mid 20's are possible short term. Bargain or bail haha, this sort of news vacuum gambling is not for the faint hearted and a reminder why the market sold off even going into this sales process. It sucks and the share price grinds down over time into a news vacuum as doubts grow.
Does the price walking down on low volumes mean SFX have failed this second partner effort? I don't think so, there seems to be enough buying (until this last seller arrived after the new year) that the process is still proceeding. That said, share price and volume doesn;t suggest a deal is imminent either. The coin is still spinning imo.
Someone wants out butt he volumes are very low. Some will get...
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Last
29.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $116.4M | |||
| Open | High | Low | Value | Volume |
| 29.5¢ | 29.5¢ | 29.5¢ | $1.666K | 5.648K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 80475 | 29.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 31.0¢ | 1315 | 1 |
View Market Depth
| Last trade - 10.09am 13/09/2024 (20 minute delay) ? |
| SFX (ASX) Chart |