Its odd, but I don't actually think their selling was the cause of the recent downward pressure. Last Friday certainly they were 30% of the volume, however Accorn only really started (the recent) selling in march. Cannacord has sold down just over 5 million shares this year so far - worth approx $97k. The lack of buyer support just means its down down down unfortunately.
Somewhat problematic, Acorn are now down around 3.4 million shares this year so far - but they still have 17 million left
Lots more buying support around 1.6 and 1.7, whether it can absorb the same volume for an extended period I guess will become evident soon. Watching with interest, its a curious little company and looks to be at the mercy of holders wanting out, once it done though things could reverse very quickly on news.
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Its odd, but I don't actually think their selling was the cause...
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Last
0.4¢ |
Change
0.000(0.00%) |
Mkt cap ! $4.864M |
Open | High | Low | Value | Volume |
0.4¢ | 0.4¢ | 0.4¢ | $3K | 750K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 2571666 | 0.3¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.4¢ | 824559 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 157909 | 0.024 |
1 | 150000 | 0.022 |
3 | 312000 | 0.021 |
1 | 47666 | 0.020 |
1 | 100000 | 0.018 |
Price($) | Vol. | No. |
---|---|---|
0.027 | 400000 | 2 |
0.028 | 40593 | 1 |
0.029 | 4690 | 1 |
0.030 | 1193623 | 6 |
0.031 | 285244 | 2 |
Last trade - 12.59pm 15/11/2024 (20 minute delay) ? |
TTI (ASX) Chart |