share price, page-2

Mijak,

The price drop was not due to the Allplant Hire announcement. That announcement was made before the open, at 3 pm the SP was up at 95c. By 3.50 it gradually went down to 92c. There was then massive selling in the last 10 minutes and during the close to push the price down to 83c.

I couldnt see anything in the other announcements, the AGM addresses, which should have caused this.

I suspect that an analyst or tipster changed their recommendation to Sell and put it out around 3 pm or 3:50 pm. If thats the case, I would expect most of the drop to be recoverd over the next week or two.