HTG harvest technology group ltd

I feel one of the reasons why this stock moves quickly either...

  1. 411 Posts.
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    I feel one of the reasons why this stock moves quickly either upwards or downwards is the relative illiquidity of this share. it only takes a single order of some half million shares to move this stock by 2-3 cents only to see this stock retrace some of this move over a period of time.
    Yes I agree there appears to be some negative reaction to the resignation and maybe around the progress of the webex project however a quick 40% pullback from the high of 40cents in such a short time frame seems very excessive and appears the magnitude is due to illiquidity of the stock. what this says to me is that any seller who wants to offload $1,000,000 worth quickly needs to push the stock some 20-25% lower to get filled quickly. I have used this opportunity to add a little to my position around the 26 and 28 cent mark.

    A final note to mention is I notice there has been some options been exercised at 12 cents recently. If they were immediately sold into the market, perhaps this may have contributed to the recent slide.

    Anyway just my thoughts DYOR as always.
 
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(20min delay)
Last
1.8¢
Change
0.001(5.88%)
Mkt cap ! $16.12M
Open High Low Value Volume
1.5¢ 1.8¢ 1.5¢ $14.33K 855.7K

Buyers (Bids)

No. Vol. Price($)
1 93088 1.7¢
 

Sellers (Offers)

Price($) Vol. No.
1.8¢ 324321 3
View Market Depth
Last trade - 16.10pm 20/06/2025 (20 minute delay) ?
HTG (ASX) Chart
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