Open up the 5-year chart for LKE, CXO, SYA, etc. and you will see that this was a massive market distortion due to Covid-era low interest environment and unprecedent excess liquidity. Same can be seen in other industries, from BNPL (see: ZIP, SZL, etc.) to pharma/medtech (see: MSB, IMU, IBX, BRN, BD1, etc.) and countless of others. In fact, the same can be seen all across the globe, particularly in the USA. They all share striking similarities in their 5 year chart - all being pump & dumps.
What happened to this stock??, page-2
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Last
60.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $290.7M | |||
| Open | High | Low | Value | Volume |
| 60.0¢ | 60.0¢ | 59.0¢ | $345.4K | 579.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 40504 | 59.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 60.0¢ | 11798 | 5 |
View Market Depth
| Last trade - 12.53pm 29/08/2024 (20 minute delay) ? |
| NVX (ASX) Chart |