Who do you think was selling on open? Do you think it was retail investors that were able to gap the price down 10% on open on massive volume? Or was it more likely to be the instos? Do you think those same sellers are now buying after selling so aggressively?
Watching the market depth will tell you nothing about buyers accumulating or sellers offloading, the only thing that matters is price action and right now it’s down right ugly.
s.loeb
Ann: Kogan.com quarterly Cash Flow Statement and Trading Update, page-63
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Last
$5.14 |
Change
-0.010(0.19%) |
Mkt cap ! $518.8M | |||
| Open | High | Low | Value | Volume |
| $5.14 | $5.24 | $5.11 | $3.173M | 615.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 3865 | $5.13 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $5.15 | 7000 | 2 |
View Market Depth
| Last trade - 16.10pm 30/09/2024 (20 minute delay) ? |
| KGN (ASX) Chart |