Maybe some minor "sell in May and go away" happening with a few punters?? Understandable given what we heard yesterday ... that is .... news on Fan South not expected before end of June and COS of 18%, the PE issue may take another year to resolve and its very messy, and not expecting resources upgrade from the JV until August September. Motivation enough for some short-term traders to sell IMHO ahead of EOFY.
When will all those "keen to buy" instos and broker step in to get their 2 billion shares on market I wonder? Will they wait until there IS a takeover offer?? Frustrating to say the least.
H
Selling despite all the good news
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Last
45.5¢ |
Change
-0.005(1.09%) |
Mkt cap ! $42.04M | |||
| Open | High | Low | Value | Volume |
| 46.5¢ | 46.5¢ | 45.5¢ | $160.1K | 347.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 86870 | 45.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 47.0¢ | 121519 | 4 |
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| Last trade - 16.10pm 20/06/2024 (20 minute delay) ? |
| FAR (ASX) Chart |