dream weaver, note how i said i did not want to sound rude. Anyway, i dont understand how 'high speed algorithmic trading' is justified with PRR in this case. Your right for the generall market though, well done.
so let me get this right, since listing on the NASDAQ PRR has traded a total of 9 days, with an avg volume of 3015 units over those 9 days.
On the first day 8195 units were traded, and in the LAST 5 days a total avg of 1193 shares are traded. On the asx PRR has traded at 7.6m shares today, yet you put the declining NASDAQ down to algo traders minipulating shareprice because the wider market has not caught on to how much of a success story PRR is, .:. supressing the SP to buy in lower maybe?
I think more to the point out of the 119 companies listed on the NASDAQ as a bio/pharma company prr only accounts for .0084% of that market.*
The price is declining, not due to minipulation....the stock isnt liquid due to such low volumes and the main driver behind the declining share price is lack of intrest.
*
http://en.wikipedia.org/wiki/NASDAQ_Biotechnology_Index
- Forums
- ASX - By Stock
- IMM
- food for thought
food for thought, page-55
-
- There are more pages in this discussion • 1 more message 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 IMM (ASX) to my watchlist
(20min delay)
|
|||||
Last
30.0¢ |
Change
-0.005(1.64%) |
Mkt cap ! $436.3M |
Open | High | Low | Value | Volume |
30.5¢ | 31.3¢ | 30.0¢ | $960.6K | 3.161M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
14 | 188729 | 30.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
31.0¢ | 46153 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
5 | 76315 | 0.300 |
11 | 188158 | 0.295 |
13 | 374153 | 0.290 |
7 | 1039385 | 0.285 |
9 | 253967 | 0.280 |
Price($) | Vol. | No. |
---|---|---|
0.310 | 4426 | 1 |
0.315 | 57600 | 2 |
0.320 | 165083 | 4 |
0.325 | 239547 | 4 |
0.330 | 68045 | 5 |
Last trade - 16.10pm 18/10/2024 (20 minute delay) ? |
Featured News
IMM (ASX) Chart |