KZA 1.96% $1.25 kazia therapeutics limited

More profit taking on light turnover

  1. 3,567 Posts.
    We saw last night in the states NVGN fall 7.3% on smallish turnover after at one stage being down 11.5%.

    They were trading at a premium to NRT so hopefully it just brings the two in line with each other. The closing price of $4.82 is about $1.75 in NRT terms.

    Still a slight premium to NRT but at least the spread is less than 10%.

    Still looks like a technical sell off from the recent highs... who knows where this thing will go next... seem to be some buying Friday in NRT but again the volume was quite small.

    Any ideas?

    Cheers,
    Munch.
 
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Last trade - 16.10pm 29/07/2021 (20 minute delay) ?
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