PP
Your logic sounds fine to me - providing there is no "insider knowledge" (probably unlikely).
There is one possibility that ONLY a few have "inside knowledge" and they are the ONLY ones who have sold out (or down) their holdings - the T/O so far today is not insignificant.
We dont know - so we will (have to) wait and see, wont we?
why the price drop???, page-25
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Last
$1.88 |
Change
-0.038(1.95%) |
Mkt cap ! $1.527B | |||
| Open | High | Low | Value | Volume |
| $1.90 | $1.91 | $1.87 | $4.497M | 2.381M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 14 | 49692 | $1.88 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.89 | 67405 | 36 |
View Market Depth
| Last trade - 12.53pm 15/07/2024 (20 minute delay) ? |
| KAR (ASX) Chart |