After the AGM & the open briefing, it is obvious that everything is going well for Sirtex. And yet the share price has gone down today. I suspect either someone is taking advantage of the volume to sell (colonial)or is being hit by margin call.
While the 1Q cash flow numbers are likely to look good, the share price might not go anywhere given the sellers outweight the buyers. This is very odd given where the share price is and where a reasonably informed investor would value Sirtex.
share price movement today does not make sense
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Last
17.5¢ |
Change
-0.005(2.78%) |
Mkt cap ! $75.34M | |||
| Open | High | Low | Value | Volume |
| 17.5¢ | 17.8¢ | 17.5¢ | $54.34K | 309.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 8 | 11238850 | 17.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 18.0¢ | 1462097 | 39 |
View Market Depth
| Last trade - 11.48am 06/09/2024 (20 minute delay) ? |
| SRX (ASX) Chart |