Yes Macenroc, that could be impacting many investors and they are having to as you say close out positions. I followed the developments re MF Global during the US overnight trading session and it has far reaching consequences now that they have filed for chapter12 bankruptcy. Traders that used MF Global at the US exchanges were basically locked out of the trading.
I know that its at a different level but I am so glad that our Prima BioMed carries no debt having secured its funding needs, as in this environment unfettered debt can bring even the largest companies down. As I thought now that the bigger seller has been accomodated, trading in PRR has settled down and not much happening which is always good on market down days.
Anyway todays big deal is the Melbourne Cup. Cant remember ever collecting on the Cup but hoping my each way bet On Lucas Cranach may change that lol.
agm thursday nov3, page-25
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Last
29.5¢ |
Change
0.005(1.72%) |
Mkt cap ! $428.5M | |||
| Open | High | Low | Value | Volume |
| 28.5¢ | 30.5¢ | 28.5¢ | $469.8K | 1.579M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 9 | 297652 | 29.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 30.0¢ | 7500 | 2 |
View Market Depth
| Last trade - 16.10pm 19/07/2024 (20 minute delay) ? |
| IMM (ASX) Chart |