A comparatively high p/e ratio made it vulnerable to a sell-off. Looks like at least one big holder has been offloading.
Can't comment on its long-term prospects but I can tell you that it has been trading in a very predictable pattern for the last week. Offers nice intra-day trading opportunities for the observant. I'll have my daily dabble in the next hour or two.
tanking, page-2
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 (20min delay)
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Last
$14.07 |
Change
0.160(1.15%) |
Mkt cap ! $7.422B | |||
| Open | High | Low | Value | Volume |
| $14.09 | $14.17 | $13.95 | $14.57M | 1.036M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 5271 | $14.06 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $14.12 | 1626 | 4 |
View Market Depth
| Last trade - 16.10pm 09/08/2024 (20 minute delay) ? |
| WOR (ASX) Chart |