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
29.0¢ |
Change
0.005(1.75%) |
Mkt cap ! $619.5M | |||
| Open | High | Low | Value | Volume |
| 29.0¢ | 29.5¢ | 28.8¢ | $87.29K | 301.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 15 | 166394 | 28.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 29.0¢ | 270193 | 10 |
View Market Depth
| Last trade - 10.58am 20/06/2024 (20 minute delay) ? |
| MAH (ASX) Chart |