EWC 4.55% 2.3¢ energy world corporation ltd

I really dont understand the point of sell down. In the sceme of...

  1. 5,747 Posts.
    lightbulb Created with Sketch. 120
    I really dont understand the point of sell down.
    In the sceme of things are bugger all shares being traded. If this was a stock that could be loaded up on at a lower price I would understand.
    If it was somebody wanting to get out they would dribble the price down slower.
    1 to 2 cents down everyday.

    I have only ever seen this once before.
    IVA was driven down to 10 cents (I loaded up)
    before rising to 17 cents and then the takeover came and Rio sold out to the Chinese for 22 cents.

    I hope this is not going to happen here.

    Cheers
 
watchlist Created with Sketch. Add EWC (ASX) to my watchlist
(20min delay)
Last
2.3¢
Change
0.001(4.55%)
Mkt cap ! $29.24M
Open High Low Value Volume
2.3¢ 2.3¢ 2.2¢ $134.4K 5.846M

Buyers (Bids)

No. Vol. Price($)
1 111459 2.3¢
 

Sellers (Offers)

Price($) Vol. No.
2.4¢ 42286 2
View Market Depth
Last trade - 14.38pm 26/11/2024 (20 minute delay) ?
EWC (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.