Like a lot of micro / nano caps on the market tax loss selling is doing combat with a degree of buying pressure as tax loss selling pushes company valuations to unreasonably low levels, and deters prospective buyers from taking positions (waiting for the FY to end and tax loss selling to reduce).
I believe there are buyers waiting. Not a lot, but enough to push the price to 12.5c in the absence of further information. The market can be forgiven for thinking more milestones / sales targets will be missed!
NIA. GLTAH and NH. DYOR.
- Forums
- ASX - By Stock
- Tax Loss Selling
Like a lot of micro / nano caps on the market tax loss selling...
-
- There are more pages in this discussion • 10 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add LBT (ASX) to my watchlist
(20min delay)
|
|||||
Last
1.6¢ |
Change
0.000(0.00%) |
Mkt cap ! $27.98M |
Open | High | Low | Value | Volume |
1.6¢ | 1.6¢ | 1.6¢ | $17.02K | 1.064M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
9 | 1913726 | 1.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.6¢ | 606743 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
9 | 1913726 | 0.015 |
6 | 1381428 | 0.014 |
1 | 600000 | 0.013 |
2 | 6718666 | 0.012 |
2 | 78500 | 0.011 |
Price($) | Vol. | No. |
---|---|---|
0.016 | 606743 | 2 |
0.017 | 727416 | 2 |
0.018 | 1604121 | 9 |
0.019 | 1316951 | 8 |
0.020 | 1685548 | 5 |
Last trade - 11.38am 21/10/2024 (20 minute delay) ? |
Featured News
LBT (ASX) Chart |
The Watchlist
LGP
LITTLE GREEN PHARMA LTD
Paul Long, Chief Executive Officer
Paul Long
Chief Executive Officer
SPONSORED BY The Market Online