Zero volume so far today. I suspect that potential buyers are waiting to see the updated Top 20. They don't want to be buying into ongoing selling by the two largest shareholders. It's like trying to swim into a tsunami wave.
If we see Minderoo and Ratty stop selling down (or perhaps even gone) from the Top 20 then I suspect buyers will start coming back in.
In the meantime, the real catalyst will be the 2018 2Q results.
Q2 Adapt results, page-40
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Last
$12.15 |
Change
0.350(2.97%) |
Mkt cap ! $256.8M | |||
| Open | High | Low | Value | Volume |
| $11.80 | $12.15 | $11.21 | $376.0K | 32.22K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 139 | $12.00 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $12.15 | 830 | 1 |
View Market Depth
| Last trade - 16.10pm 04/10/2024 (20 minute delay) ? |
| AVR (ASX) Chart |