According to the summary provided to me for Tuesday 30th of June 2023, the Volume Weighted Average Price of ASX:AZY shares was $0.014. The Closing price was $0.013 and there were 5,193,149 shares traded. Looking at the one-day chart, the price held steady at $0.014 all day, apart from a small trade at the end at $0.013 which determined the closing price.
I can imagine that one possible reason is that someone might be deliberately trying to drop the closing price. Indeed, I suspect there may have been a sustained effort over several weeks to lower the share price.
Of course, the motive might be to off-load shares according to some obscure strategy. Alternatively, someone might be looking to buy AZY, in which case a weak share price is of some advantage.
Then again, you might possibly have other Ideas.
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According to the summary provided to me for Tuesday 30th of June...
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Last
2.3¢ |
Change
-0.002(8.00%) |
Mkt cap ! $110.9M |
Open | High | Low | Value | Volume |
2.4¢ | 2.5¢ | 2.3¢ | $273.0K | 11.38M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
13 | 5718874 | 2.3¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
2.5¢ | 6375523 | 7 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
12 | 5278874 | 0.023 |
12 | 3915499 | 0.022 |
6 | 5500000 | 0.021 |
22 | 2299913 | 0.020 |
2 | 1521265 | 0.019 |
Price($) | Vol. | No. |
---|---|---|
0.025 | 6375523 | 7 |
0.026 | 1908190 | 6 |
0.027 | 1461493 | 3 |
0.028 | 2127666 | 4 |
0.029 | 1350000 | 1 |
Last trade - 16.10pm 04/11/2024 (20 minute delay) ? |
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AZY (ASX) Chart |