My best guess for the falls:
1. People are worried that the financial sector malaise owing to subprime will reduce volumes.
2. Prominent media coverage about threats to its business. I've read at least 2 "guest" columnist in the major dailies rant on about the need for their monopoly to be deconstructed. (op ed columns) one was a fairly well credentialed fellow from uni of melb (apparently he's advised other nations on economic matters)
They make a very strong case at first and with their background, if they make this issue a crusade you'd think they might get somewhere.
But IMHO the worries are overblown
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$65.38 |
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Open | High | Low | Value | Volume |
$63.91 | $65.39 | $63.91 | $19.27M | 296.5K |
Buyers (Bids)
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---|---|---|
1 | 957 | $65.31 |
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Price($) | Vol. | No. |
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$65.38 | 953 | 2 |
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No. | Vol. | Price($) |
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1 | 957 | 65.310 |
1 | 1018 | 65.070 |
1 | 1918 | 65.020 |
1 | 1018 | 65.000 |
1 | 36 | 64.980 |
Price($) | Vol. | No. |
---|---|---|
65.380 | 953 | 2 |
65.390 | 1003 | 2 |
65.400 | 1207 | 3 |
65.430 | 50 | 1 |
65.450 | 147 | 1 |
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