Hi all,
I was just looking at yesterday's and today's trades. After the news, 1.8M shares traded took the sp from 3.9c to Day peek of 4.7c but closed at 4.3c.
Today, it's subdued trading with 650k shares traded has put sp back to 3.9c.
My thought is that there were some t+2 traders involved yesterday and today they exited and hence the sp down. The supply side with sub 5c price getting very thin and expecting slow recovery of sp over time.
Above is my thoughts only. Please DYOR.
Regards
Akamal
SP up and down after delist withdrawal news
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Last
77.0¢ |
Change
-0.035(4.35%) |
Mkt cap ! $153.8M | |||
| Open | High | Low | Value | Volume |
| 80.0¢ | 80.0¢ | 76.5¢ | $4.101K | 5.275K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 2211 | 78.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 86.5¢ | 7128 | 1 |
View Market Depth
| Last trade - 12.14pm 29/07/2024 (20 minute delay) ? |
| RHK (ASX) Chart |