Ben,
I have noticed a major shift over the past 12 months in how the market operates.
It has become a casino corner in many respects.
Very rarely do you see a company's share price continue to rise.
Today investors are living for the now, rather then what may be in a months time.
In a good market companies get rewarded with good news by going higher or at least maintaining their ground.
In a crappy market if it can't hold it gets punished.
KNL was 65c 7 trading days ago. Since then they have made 2 reasonably positive announcements yet the sellers keep coming.
90% of stocks that have had impressive rises in their share price have reacted in the same way.
Too many people playing the market today are looking no further then the next day.
Take your profit and run, is the all to common theme.
Cheers.
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Last
10.0¢ |
Change
-0.010(9.09%) |
Mkt cap ! $45.40M |
Open | High | Low | Value | Volume |
10.5¢ | 10.5¢ | 10.0¢ | $33.25K | 320K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
8 | 405001 | 10.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
11.0¢ | 70253 | 5 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
8 | 405001 | 0.100 |
1 | 50000 | 0.098 |
1 | 100000 | 0.097 |
2 | 150000 | 0.095 |
1 | 100000 | 0.094 |
Price($) | Vol. | No. |
---|---|---|
0.110 | 70253 | 5 |
0.115 | 34000 | 4 |
0.120 | 102079 | 2 |
0.125 | 29200 | 6 |
0.130 | 91500 | 5 |
Last trade - 15.53pm 02/08/2024 (20 minute delay) ? |
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