Hi Fellow SLX'rs.
I note that the share price has dropped 30% in the last 4 weeks from 57 cents on April 12th to currently sitting at 39 cents last traded today.
Nothing has changed with regards to Silex and the term sheet, but there seems to be lots of small trades going through and the volume is not excessively high.
Are the bots actively manipulating the share price to take advantage of some upcoming announcement or have the day traders got bored?
Would be interested to hear other peoples thoughts, personally I think it is a bit of both.
Share Price Dropping on Low Volume
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Last
$4.82 |
Change
-0.090(1.83%) |
Mkt cap ! $1.163B | |||
| Open | High | Low | Value | Volume |
| $4.90 | $4.90 | $4.81 | $237.8K | 49K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 1205 | $4.82 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $4.83 | 2603 | 10 |
View Market Depth
| Last trade - 10.37am 24/07/2024 (20 minute delay) ? |
| SLX (ASX) Chart |