Could be many reason. Just a few pointed below
- Tree shaking to accumulate cheap shares
- Profit taking as some may believe current SP reflects tomorrows results so not much upside expected
- Shorters creating panic at open to get weak hands to sell allowing them to cover at a lower price
- Overall market confidence is low and retails are usually the one coping it first.
Many reasons mate. At the end of the day, we all have to make our choices. Some people may think risk is now greater than reward and may choose to look elsewhere
Yesterday's and this morning's action seemed to me to be an attempt to create panic. Just IMO though
Could be many reason. Just a few pointed below- Tree shaking to...
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Last
$1.29 |
Change
-0.010(0.77%) |
Mkt cap ! $775.5M | |||
| Open | High | Low | Value | Volume |
| $1.30 | $1.33 | $1.28 | $13.94M | 10.81M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 7536 | $1.29 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.30 | 82179 | 3 |
View Market Depth
| Last trade - 16.10pm 19/06/2025 (20 minute delay) ? |
| AX1 (ASX) Chart |