Given that there seems to be several large sellers wanting to get out/reduce, there is a strong probability this will sink a fair bit further. $1.50 looks like coming because the demand side has become fairly weak recently.
I think the selling has slowed down today only because the sellers are showing some restraint and at present do not seem to want to go much lower.
loki
what is the market telling us, page-2
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Last
57.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $130.1M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
| X64 (ASX) Chart |
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