If they’re selling could it just be to ensure the %allocation doesn’t change. Eg if the overall value drops from 1.3 to 1.2B they would have to sell shares at what ever the current price to ensure the % allocation stays the same?
if market went up overall they’d prob have to buy more shares, etc. etc.
I might be naive but I thought the whole point of etf’s was that they didn’t “trade” or play games.
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Last
6.9¢ |
Change
0.004(6.15%) |
Mkt cap ! $95.54M |
Open | High | Low | Value | Volume |
6.6¢ | 6.9¢ | 6.5¢ | $139.8K | 2.088M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 126400 | 6.7¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
6.9¢ | 383535 | 5 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 126400 | 0.067 |
3 | 525000 | 0.066 |
7 | 319828 | 0.065 |
3 | 223000 | 0.064 |
2 | 340000 | 0.063 |
Price($) | Vol. | No. |
---|---|---|
0.069 | 113898 | 4 |
0.070 | 37745 | 2 |
0.071 | 3000 | 1 |
0.072 | 2234 | 1 |
0.073 | 100777 | 3 |
Last trade - 16.10pm 08/11/2024 (20 minute delay) ? |
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EQN
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