SLX 2.18% $4.69 silex systems limited

Yesterdays Trading, page-4

  1. 157 Posts.
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    My guess is trying to shake out weak holders. If you're a major institution trying to accumulate a large %, then selling a few back into the market after a big run is a good idea to shake out some weak holders. Those that want to try and protect the large recent gains may panic and exit their holding at a decent profit rather than risk further weakness.

    I'm actually surprised we didn't see this continue a bit today before the likes of Global X start to accumulate again (assuming they're after more stock) but manage a lower VWAP than they may have otherwise if this weakness didn't occur.

    Anyway, investors won't mind the pull-back if focussed on the mid to longer term value here. That includes me
 
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Last
$4.69
Change
0.100(2.18%)
Mkt cap ! $1.110B
Open High Low Value Volume
$4.60 $4.69 $4.53 $7.073M 1.514M

Buyers (Bids)

No. Vol. Price($)
1 24317 $4.69
 

Sellers (Offers)

Price($) Vol. No.
$4.70 2677 2
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Last trade - 16.10pm 31/07/2024 (20 minute delay) ?
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