Each time the share price climbs 2%, it seems to drop by even more the next day.
Giving just enough crumbs of hope to the last remaining holders, or long termers who fell in love with the stock 3 years ago when it was $90, only for these holders to be smacked around the ears in the following days as it falls apart even further.
$12 certainly appears to be the short term target, which many here agree with. But it is the damage that is caused after that which will be the real concern, as there will be too many disenchanted sellers wanting to get out at the slightest hint of a price rise, therefore keeping the share price languishing in the teens, or even the $8-$10 range for a long time to come.
Who would have thought this was over $90 just three years ago.
The momentum doesn't lie. Can anyone honestly see what is going to stand in the way of this falling cannonball to catch it and put a rocket in the opposing direction?
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Last
$17.21 |
Change
0.360(2.14%) |
Mkt cap ! $3.382B | |||
| Open | High | Low | Value | Volume |
| $17.58 | $17.92 | $17.08 | $44.55M | 2.544M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 13918 | $17.20 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $17.24 | 2620 | 1 |
View Market Depth
| Last trade - 16.10pm 23/04/2025 (20 minute delay) ? |
| MIN (ASX) Chart |