As Investandsave said, it's been quite a rollercoaster. There's no doubt someone wants to control the price, effectively intimidating the rest of the market. I'm thinking it's more likely trying to cap the price, but it could be someone dumping shares.
If the STC announcement arrived it would change the trading in a flash, and that could be tomorrow, or the next day, or next week, or whenever. Certainly we've had a preview of how the market will react with a positive announcement.
SMN - Chart, page-2407
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Last
55.0¢ |
Change
0.020(3.77%) |
Mkt cap ! $75.54M | |||
| Open | High | Low | Value | Volume |
| 52.5¢ | 57.5¢ | 52.5¢ | $75.61K | 138.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 2689 | 52.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 56.0¢ | 5000 | 1 |
View Market Depth
| Last trade - 16.10pm 16/07/2024 (20 minute delay) ? |
| SMN (ASX) Chart |