Considering how far the price has fallen it seems that the market is (either irrationally or inadvertently) pricing in a bad update. Doesn't necessarily mean that it is a likely outcome at all, just means that the market is failing to price in the high probability outcome of a bullish update which makes for a great buying opportunity imo
Markets are rarely rational, price movements should never be used as a signal of future performance/news
Considering how far the price has fallen it seems that the...
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Last
$1.51 |
Change
0.010(0.67%) |
Mkt cap ! $254.7M | |||
| Open | High | Low | Value | Volume |
| $1.50 | $1.52 | $1.49 | $85.05K | 56.72K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 2675 | $1.51 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.54 | 462 | 1 |
View Market Depth
| Last trade - 15.27pm 22/08/2024 (20 minute delay) ? |
| RAC (ASX) Chart |