At 2:01:00 pm yesterday the share price collapsed to 53.5c which was more than 10% below the previous day's close of 59.5c. I'm surprised that it didn't get a trading halt and query from the ASX.
The rest of the sector was actually mostly up yesterday (Windlab, Origin, AGL, ERM) and this wasn't on small volume. So motivation behind the unusual trading was definitely specific to Infigen.
Any ideas from anybody as to what the hell happened?
IFN Price at posting:
57.5¢ Sentiment: Buy Disclosure: Held
