I don;t think its highly unlikely at all in fact I think its very common. I've seen it in a lot of stocks, trapped in buyers who have lost loads from continually buying lower and lower.
Its bad advice to do it, simple as that. It's basically chasing losses.
Cheers
share of the decade, page-59
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Last
$6.25 |
Change
-0.160(2.50%) |
Mkt cap ! $5.870B | |||
| Open | High | Low | Value | Volume |
| $6.31 | $6.34 | $6.25 | $10.66M | 1.698M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 13985 | $6.87 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $5.79 | 10307 | 1 |
View Market Depth
| Last trade - 15.59pm 10/07/2024 (20 minute delay) ? |
| LYC (ASX) Chart |