It's not the similarity of the companies I'm referring to, it's the price action around an index addition. Look at AEF as another example when it's been added to indices, price goes wild in the upward direction and then the demand evaporates after the index add.
No idea who is buying JRV, the demand has been insatiable since low 50s, just seems too coincidental for my liking with the index additions here. Anyway, just something to watch and see what happens, I sold today so I might regret it in a few days time
Ann: Jervois joins FTSE All-World and ASX 300 indices, page-12
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Last
1.1¢ |
Change
0.000(0.00%) |
Mkt cap ! $29.73M | |||
| Open | High | Low | Value | Volume |
| 1.0¢ | 1.1¢ | 1.0¢ | $4.545K | 435.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 23 | 7538090 | 1.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.1¢ | 770567 | 6 |
View Market Depth
| Last trade - 16.10pm 18/09/2024 (20 minute delay) ? |
| JRV (ASX) Chart |