someone rang up their broker and said, "I want to sell 30k shares today, can you bot it for me please?" I think it's as simple as that John - anyone can do it.
Another possibility for the selling pressure is the intercompany loans that are denominated in Euros and SwedishKronas; the value of those loans fluctuates with the exchange rate, as the AUD rises against the EUR and SEK we receive back less; alternatively as the AUD drops we get back more - over the long term the exchange rates tend to balance out, and you end up getting back what you put in; some holders maybe selling because of the effect these loans are having to the Net Profit statements of the company.
someone rang up their broker and said, "I want to sell 30k...
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Last
$1.95 |
Change
0.045(2.37%) |
Mkt cap ! $107.8M | |||
| Open | High | Low | Value | Volume |
| $1.94 | $1.95 | $1.94 | $51.36K | 26.46K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1110 | $1.95 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.03 | 5933 | 3 |
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| Last trade - 16.10pm 01/11/2024 (20 minute delay) ? |
| DRA (ASX) Chart |