I agree 62strat, we are likely to have more than one seller, not just WF. If it was just WF we would have had another change in substantial holding notice.
In the absence of a clear explanation of why the share price is going down, every shareholder, institutional or retail is tempted to do the same thing. Sell.
I think you pointed out on another thread that a majority of Nido is held by institutional shareholders. If this is how painful institutional reweighting can be when they decide to move out of a stock, imagine how pleasurable it would be when they weight back in? Lol!
strange trading, page-6
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Last
85.0¢ |
Change
-0.010(1.16%) |
Mkt cap ! $193.8M | |||
| Open | High | Low | Value | Volume |
| 85.0¢ | 85.0¢ | 85.0¢ | $21.98K | 25.86K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 285 | 85.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 89.0¢ | 3969 | 1 |
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| Last trade - 13.52pm 01/10/2024 (20 minute delay) ? |
| NDO (ASX) Chart |