Whilst I don't think 18 will be hit, the logic could be that the price is being suppressed by large holders in order to accumulate through stop losses getting hit. How many posters admit to having stop losses in the high teens to low twenties?
Just a thought. I'm not in so it doesn't worry me either way. Long term this will be a good stock to hold.
where to from here, page-16
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Last
29.5¢ |
Change
-0.040(11.9%) |
Mkt cap ! $428.5M | |||
| Open | High | Low | Value | Volume |
| 32.0¢ | 33.0¢ | 28.0¢ | $7.278M | 23.75M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 53192 | 29.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 30.5¢ | 41048 | 1 |
View Market Depth
| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| IMM (ASX) Chart |