As I indicated on another NST thread,the current "poor" share price is due entirely to the recent capital raising. It happens every time.
It takes around 5-6 weeks for these sophisticated investors ( actually not them but their brokers) to sell out and move on. Then we should see the share price head north.
BTW, good question, Quantum.
Cheers
poor share price performance, page-5
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Last
$14.23 |
Change
0.020(0.14%) |
Mkt cap ! $16.35B | |||
| Open | High | Low | Value | Volume |
| $14.02 | $14.30 | $13.93 | $64.67M | 4.552M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 673 | $14.23 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $14.25 | 9719 | 2 |
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| Last trade - 16.10pm 02/08/2024 (20 minute delay) ? |
| NST (ASX) Chart |