For those looking at buying TLS i suggest waiting until the institutional investors have finished their portfolio adjustments.
Looking at the current live prices, support is made up by retail investors buying a falling knife (and equating 'cheapness' with value, which isnt necessarily the case, especially if revenue continues to fall).
The sellers are institutional and shorters.
Just look at the number of buyers/sellers vs the size of the total qty on offer.
So if you want to buy, i suggest waiting.
tls being sold off by institutions
-
- There are more pages in this discussion • 23 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add TLS (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$3.96 |
Change
0.000(0.00%) |
Mkt cap ! $45.75B | |||
| Open | High | Low | Value | Volume |
| $3.97 | $3.98 | $3.92 | $116.3M | 29.42M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 20000 | $3.95 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.97 | 830574 | 28 |
View Market Depth
| Last trade - 16.10pm 13/09/2024 (20 minute delay) ? |
| TLS (ASX) Chart |