That's exactly what happened, I think. It's happened a few times now.
Ironically, I thought I bought in at the bottom at $6.50. I was right as far the sentiment went but very wrong about the bottom as far as the price goes.
I would bet a large sum that the institutions knew this was coming, not the exact price but that it would be much lower than $6.50. It must be easy to make big money by being in the know.
Trading halt after a 60% price collapse?, page-54
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Last
$10.86 |
Change
-0.090(0.82%) |
Mkt cap ! $18.70B | |||
| Open | High | Low | Value | Volume |
| $10.94 | $11.06 | $10.86 | $35.83M | 3.279M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 112720 | $10.86 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $10.88 | 176 | 1 |
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| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| ORG (ASX) Chart |