In the spirit of throwing my speculation into the mix - the cascade could largely be a result of Pie Funds continuing their exit.
They've been steadily reducing their holdings over the last few months at prices between $0.72-1.12. At last count, they still held just over 5.6 million shares. Today's volume of 377k would be pocket change - if indeed they were continuing to offload.
News: SDI SDI reaffirms sales guidance for FY17, page-21
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Last
$1.06 |
Change
0.025(2.43%) |
Mkt cap ! $111.1M | |||
| Open | High | Low | Value | Volume |
| $1.04 | $1.06 | $1.04 | $68.79K | 65.59K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 93344 | $1.06 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.06 | 450 | 1 |
View Market Depth
| Last trade - 15.58pm 25/11/2024 (20 minute delay) ? |
| SDI (ASX) Chart |
