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
51.0¢ |
Change
0.025(5.15%) |
Mkt cap ! $46.66M | |||
| Open | High | Low | Value | Volume |
| 49.0¢ | 51.5¢ | 49.0¢ | $148.9K | 293.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1610 | 50.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 51.0¢ | 3100 | 1 |
View Market Depth
| Last trade - 14.13pm 08/10/2024 (20 minute delay) ? |
| FAR (ASX) Chart |