Because 99% of investors are sheep. As soon as a wolf enters the yard, they run for the exits. There is no logic in these situations. Only fear and a clear lack of ability of correctly valuating a listed company: this assessment is for value investors, that is. On the other hand, day traders are sheep on steroids who are quicker to run for the exits if things go south.
I stayed away from this one as I believe that the FDA is a political, pro-American, pro-business, body, whose interests are predominantly protecting the large companies and industries operating with the USA, rather than the health of Americans: I mean look at their approach to animal food, glyphosate (Monsanto), the meat industry, and so on.
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Last
$1.07 |
Change
-0.055(4.89%) |
Mkt cap ! $1.255B |
Open | High | Low | Value | Volume |
$1.14 | $1.16 | $1.06 | $8.816M | 8.055M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 280000 | $1.07 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.07 | 2000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 280000 | 1.065 |
5 | 149799 | 1.060 |
9 | 124023 | 1.055 |
14 | 191984 | 1.050 |
8 | 134232 | 1.045 |
Price($) | Vol. | No. |
---|---|---|
1.070 | 2000 | 1 |
1.075 | 19000 | 2 |
1.080 | 48905 | 3 |
1.085 | 28905 | 1 |
1.090 | 61845 | 5 |
Last trade - 16.10pm 29/07/2024 (20 minute delay) ? |
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MSB (ASX) Chart |