Nothing sinister happening Hummer,, it's simply caused by the person who sold 100k shares at market the day before..!
This droped the price by + 25% in a single hit, and put a very large gap between the bid and the ask.!
The bid is 5.1c and the ask is 6c. It causes a stand off because either the sellers have to come down by 15% ,, or the buyers have to increase their bid by 17.6%,,,,The gap is just too large and has stalled the sales..!
For the majority of the day , it was even worse,, the gap was 5.1 c to 6.8 c..
Cheers.
AZZ Price at posting:
5.1¢ Sentiment: None Disclosure: Not Held
