MCE 3.64% 26.5¢ matrix composites & engineering limited

Can someone explain to me why MCE gapped up when the only news...

  1. 1,486 Posts.
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    Can someone explain to me why MCE gapped up when the only news out is a Director selling a million shares of stock?!

    To me that is a horrible sign. The stock is just coming off of a bottom after a very big descent, and a Director thinks this is the best price he can get?
 
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Last
26.5¢
Change
-0.010(3.64%)
Mkt cap ! $72.45M
Open High Low Value Volume
28.0¢ 28.0¢ 26.0¢ $140.0K 528.5K

Buyers (Bids)

No. Vol. Price($)
2 49361 26.0¢
 

Sellers (Offers)

Price($) Vol. No.
28.0¢ 100000 1
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Last trade - 16.10pm 26/11/2024 (20 minute delay) ?
MCE (ASX) Chart
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