I am just after a simple explanation of why the share price has gone back by 10 cents in less than a fortnight.
On the 20th December the company put out an annoucement for the projected earnings for the current financial year. The projected earnings were $15M to $16M which matches the previous financial year's results. Previously, a fall in earnings had been predicted.
Following this good news, over 2 million shares were traded on that day, and the share price has retreated since.
All seems very strange.
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Last
$1.70 |
Change
0.015(0.89%) |
Mkt cap ! $641.4M | |||
| Open | High | Low | Value | Volume |
| $1.68 | $1.70 | $1.68 | $549.9K | 326.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 536130 | $1.68 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.70 | 49995 | 1 |
View Market Depth
| Last trade - 16.10pm 11/09/2025 (20 minute delay) ? |
| IFM (ASX) Chart |