I don't on't think too many retail holders are selling down here.
Only around 3m volume since the consolidation I think out of at least 7m they have to sell now.
A goodly proportion of that would have been churn from the algorithm keeping the price up while they sell, so maybe 5ish million to go?
Difficult to imagine it rising in the near future with that sort of pressure. Without news anyways..
Oh my goodness!!!, page-33
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Last
$2.38 |
Change
0.160(7.21%) |
Mkt cap ! $353.2M | |||
| Open | High | Low | Value | Volume |
| $2.25 | $2.38 | $2.19 | $1.896M | 828.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1096 | $2.36 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.38 | 105071 | 2 |
View Market Depth
| Last trade - 16.10pm 08/11/2024 (20 minute delay) ? |
| WBT (ASX) Chart |
