I wonder what people think of the effective crash in the SP. After all, it's now almost 20% off its recent peak and dropping for no apparent reason. I know there are issue all over the world but that shouldn't justify such a sharp fall.
Is it just the big boys taking advantage of the situation to hold the price down? Are people afraid of Japan not needing REs? (unlikely) Scared of a RE price fall (Hasn't yet happened). Day traders pulling out? Surely it can't be this low so close to the plant commissioning (2 weeks).
why the crash?
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Last
$7.73 |
Change
0.025(0.32%) |
Mkt cap ! $7.216B | |||
| Open | High | Low | Value | Volume |
| $7.74 | $7.82 | $7.64 | $4.204M | 544.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 26 | 5818 | $7.72 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $7.73 | 1983 | 11 |
View Market Depth
| Last trade - 13.15pm 21/10/2024 (20 minute delay) ? |
| LYC (ASX) Chart |