The stock had a great run.
Algos and HFT mean movements can be pretty vicious nowadays and now near 8% down from $23.80 in 5 days on no disclosed news.
Closed today on the low which potentially doesn't bode well for tomorrow...
If your looking for reasons i'd say the end of financial year was possibly a culprit.
Funds buying into the 30th of June to fluff up their numbers and make their yr end account statements look good.
GLTA.
Goldman Sachs $25 PT, page-12
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 (20min delay)
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Last
$67.75 |
Change
-0.120(0.18%) |
Mkt cap ! $36.16B | |||
| Open | High | Low | Value | Volume |
| $67.77 | $68.20 | $67.42 | $51.90M | 766.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1090 | $67.75 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $67.77 | 20386 | 4 |
View Market Depth
| Last trade - 16.10pm 29/11/2024 (20 minute delay) ? |
| ALL (ASX) Chart |
