My preferred thinking is a number of smarter.. deeper pocketed players are taking positions not for the next six quarters... but the next six years... that's how smart money plays when it's a near certainty in volatile global financial times..
it seems to me that "they".. take out any serious seller volumes quite competitively... and then work to look like sellers and sell into any buying weakness to keep the price down with low volumes..
This stocks price (value).. has nothing to do with near or even medium term PE's...
I genuinely believe... regardless of what the price does tomorrow... that smart money with a view of the horizon is buying up... and they will make a shit load out of it...
Fes
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Last
$2.34 |
Change
-0.040(1.68%) |
Mkt cap ! $1.615B |
Open | High | Low | Value | Volume |
$2.43 | $2.43 | $2.33 | $1.728M | 733.9K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 4407 | $2.33 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$2.34 | 16721 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 2602 | 2.330 |
8 | 15948 | 2.320 |
5 | 19030 | 2.310 |
9 | 23525 | 2.300 |
5 | 13953 | 2.290 |
Price($) | Vol. | No. |
---|---|---|
2.340 | 16721 | 2 |
2.350 | 9130 | 4 |
2.360 | 7740 | 2 |
2.370 | 7740 | 2 |
2.380 | 2602 | 1 |
Last trade - 16.10pm 04/07/2024 (20 minute delay) ? |
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PNV (ASX) Chart |