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
As I indicated on another NST thread,the current "poor" share...
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Last
$12.98 |
Change
0.170(1.33%) |
Mkt cap ! $14.91B | |||
| Open | High | Low | Value | Volume |
| $12.82 | $12.98 | $12.80 | $48.34M | 3.750M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 11251 | $12.97 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $12.98 | 131984 | 3 |
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| Last trade - 16.10pm 09/07/2024 (20 minute delay) ? |
| NST (ASX) Chart |