I think there is more to it than that....earnings outlook has obviously spooked one of the bigger funds into unwinding a bit.
But it looks quite positive today...buying depth increasing nicely...selling depth still being distorted by some bigger orders well above current SP. You would suspect yesterday tested the bottom around $8.70 and that it is now rebounded 6% on heavy volume.
When this level of selling dries up it should move back above $10 fairly quickly.
Hopefully it closes at least around $9.25 or higher.
post emergent sales are off the scale, page-55
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Last
$4.58 |
Change
-0.045(0.97%) |
Mkt cap ! $1.749B | |||
| Open | High | Low | Value | Volume |
| $4.56 | $4.60 | $4.54 | $805.8K | 176.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 22 | 5828 | $4.57 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $4.58 | 6189 | 44 |
View Market Depth
| Last trade - 15.11pm 19/07/2024 (20 minute delay) ? |
| NUF (ASX) Chart |