The institutional investors use computers to Bot Trade small share amounts throughout the day relentlessly. The trading style is very shallow with no big buy or sell sides. If you had some deep.pockets you couldn't buy a big parcel without sending the price soaring so that would sort of negate it being undervalued.
they also play handball hitting stop losses and driving the price where they want it. Today was an exceptional example of their craft. 4.5M shares traded but a huge drop followed by a huge rise to finish almost back where we started. The majority of the trades in the hundred share volume.
have a look at the ongoing rise in insto holding vs retail holding to understand how good they are at it
cheers all. Not selling a one of them
CHN chart, page-911
-
-
- There are more pages in this discussion • 8,293 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add CHN (ASX) to my watchlist
(20min delay)
|
|||||
Last
$1.61 |
Change
0.008(0.47%) |
Mkt cap ! $618.5M |
Open | High | Low | Value | Volume |
$1.59 | $1.61 | $1.57 | $882.5K | 555.0K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
6 | 2157 | $1.61 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.61 | 27073 | 8 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
10 | 20803 | 1.605 |
10 | 23326 | 1.600 |
5 | 13035 | 1.595 |
5 | 13703 | 1.590 |
7 | 71293 | 1.585 |
Price($) | Vol. | No. |
---|---|---|
1.610 | 15189 | 4 |
1.615 | 10740 | 6 |
1.620 | 38046 | 7 |
1.625 | 52223 | 7 |
1.630 | 32592 | 10 |
Last trade - 11.49am 08/10/2024 (20 minute delay) ? |
Featured News
CHN (ASX) Chart |