Fear that Australia will enter recession and or that house builds will slow or fear from rumour. iit is a very thinly traded company so it only takes a handful of shareholders worrying about their money for a big share price decline to occur.
As a similar example, the share price decline by dicker data from $1.80 to $1.40 is said to be occurring because a single investor is selling.
It may even just be no fear and a big seller selling because they found better value in another company
sp reduction explanation, page-2
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Last
$2.98 |
Change
0.060(2.05%) |
Mkt cap ! $112.3M | |||
| Open | High | Low | Value | Volume |
| $2.89 | $2.98 | $2.89 | $31.32K | 10.67K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 3600 | $2.73 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.98 | 1341 | 2 |
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| Last trade - 15.31pm 18/10/2024 (20 minute delay) ? |
| TWD (ASX) Chart |