"The problem is that we don't know the true reason for the significant drop and continued sell, It was a Coal Acquisition yesterday, just not a Coking one which traders where looking for.. Still doesn't explain the 3c drop"
I think it does, market has the jitters at the moment and traders didnt get what they wanted, so back to previous supports, perhaps lower with no news.
second acquisition, page-54
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Last
0.3¢ |
Change
-0.001(25.0%) |
Mkt cap ! $5.381M | |||
| Open | High | Low | Value | Volume |
| 0.4¢ | 0.4¢ | 0.3¢ | $1.312K | 384.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 30 | 19545290 | 0.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.4¢ | 4238567 | 5 |
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| Last trade - 13.42pm 03/09/2024 (20 minute delay) ? |
| NAE (ASX) Chart |