Right now it's stop losses getting hit and lots of fear, it could go down further if it follows Afterpay but I think the big wig at Afterpay who got let go is selling and this could be whats causing this.
I wouldn't worry, I've seen this many times in shares like A2M.. You can see the prices drop in A2M on a Google chart back a few years ago and then go into HC and look at the threads and see the comments of the shorters.
It ALWAYS happens.
When will this bounce., page-20
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Last
$2.19 |
Change
0.260(13.5%) |
Mkt cap ! $2.772B | |||
| Open | High | Low | Value | Volume |
| $2.01 | $2.19 | $2.00 | $56.69M | 26.96M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 13 | 133683 | $2.18 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.20 | 235682 | 50 |
View Market Depth
| Last trade - 16.10pm 16/08/2024 (20 minute delay) ? |
| ZIP (ASX) Chart |