It looks like conditional sell orders are being triggered and I would think that many sellers of MAH are those that want to lock in their profits from last May's placement.
This is cheap but that's what everyone was saying when the GFC was happening.
MAH is currently trading at around a PE of 8.
placement at 32 cents
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 (20min delay)
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Last
30.5¢ |
Change
-0.010(3.17%) |
Mkt cap ! $657.2M | |||
| Open | High | Low | Value | Volume |
| 30.5¢ | 31.5¢ | 30.5¢ | $273.1K | 883.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 25 | 315230 | 30.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 31.0¢ | 78665 | 16 |
View Market Depth
| Last trade - 12.56pm 07/10/2024 (20 minute delay) ? |
| MAH (ASX) Chart |