I don't think its much to do with fundamentals. Its more a matter of there being tons of selling at 16c and above, so buyers are waiting for other buyers to go first. No-one ends up buying, so holders waiting to sell on the news get frustrated and dump into what buy queue there is.
what does the market wants, page-3
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Last
0.4¢ |
Change
0.000(0.00%) |
Mkt cap ! $7.175M | |||
| Open | High | Low | Value | Volume |
| 0.4¢ | 0.4¢ | 0.4¢ | $56 | 13.91K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 13 | 25704306 | 0.4¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.5¢ | 20284341 | 26 |
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| Last trade - 15.42pm 09/08/2024 (20 minute delay) ? |
| NAE (ASX) Chart |