With tax loss selling about to start SPX has to be the only candidate to have dropped 95% from last years high.
There will be a huge avalanche of tax loss selling which will put enormous donward pressure on the share price as EVERYONE will have sufferred a loss on this disaster. I would suspect there will be a huge number of burnt investors looking to sell this tax loss stock which as indicated by the constant market selling over the last 12 months sees very little future for it
Ann: Quarterly Activities Report & Appendix 4C, page-143
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Last
1.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $43.24M | |||
| Open | High | Low | Value | Volume |
| 1.0¢ | 1.0¢ | 0.9¢ | $4.088K | 426.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 17 | 6997921 | 0.9¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.0¢ | 3943689 | 8 |
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| Last trade - 16.10pm 09/09/2024 (20 minute delay) ? |
| SPX (ASX) Chart |