i learnt about reversion to the mean in 'a random walk down wall st' by malkiel.... fantastic book!! so basically, its only in the last month and a half where arcadium has had a significant drop relative to the rest.... its clearly oversold! once the market knows more after the may 7 earnings call, i see this reverting back to the mean where it naturally belongs! i bought back in today and looking to go all in tomorrow if it drops below $6
General Discussion, page-1311
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Last
$6.28 |
Change
-0.160(2.48%) |
Mkt cap ! $2.437B | |||
| Open | High | Low | Value | Volume |
| $6.38 | $6.38 | $6.25 | $11.74M | 1.865M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 2768 | $6.27 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.29 | 6239 | 2 |
View Market Depth
| Last trade - 16.10pm 05/06/2024 (20 minute delay) ? |
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Last
$6.28 |
Change
-0.160 ( 2.78 %) |
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| Open | High | Low | Volume | ||
| $6.38 | $6.38 | $6.25 | 267631 | ||
| Last updated 15.59pm 05/06/2024 ? | |||||
| LTM (ASX) Chart |