Back to topic - answer is that someone gamed the auction below $2.00 then a few minutes later someone lobbed about $100,000 of sell orders in to move the market from $1.98 to 1.93. No doubt they were then buying heavily at $1.94 & 1.95. A few percent profit for a mornings work at the expense of whoever hit stop-losses or wanted/needed to sell this morning for whatever reason. Big picture - this has taken us from $3.40 down to $1.93 - nothing to do with the company or fundamentals.
Back to topic - answer is that someone gamed the auction below...
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Last
98.0¢ |
Change
0.010(1.03%) |
Mkt cap ! $1.118B | |||
| Open | High | Low | Value | Volume |
| 96.0¢ | 99.0¢ | 95.5¢ | $5.286M | 5.409M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 91218 | 98.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 99.0¢ | 63577 | 4 |
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| Last trade - 16.10pm 27/06/2024 (20 minute delay) ? |
| MSB (ASX) Chart |