At this point in time the dow SHOULD have no daily impact on MAK........but history shows us it does.
The DOW goes down and MAK goes up, when the DOW over several days booms MAK consolidates. My guess is that day traders jump out of the bigger caps and look for a performing Spec stock till calmer waters appear. But each cycle gets a few more traders wanting to hold when normally they would jump out. Look st what happened to MAK on the last corrrrection for an example.
the dow v big mak
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Last
0.4¢ |
Change
0.000(0.00%) |
Mkt cap ! $9.396M | |||
| Open | High | Low | Value | Volume |
| 0.4¢ | 0.5¢ | 0.4¢ | $37.30K | 9.294M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 8 | 7037099 | 0.4¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.5¢ | 1677255 | 4 |
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| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| AEV (ASX) Chart |