"Since yesterday (100K units was in play) whoever traded it;
- best case scenario - loss - $4,000
- worst case scenario - loss or they are down (if they have not sold it today) - $9,000"
regularASX,
I think you refering to me, and i am wondering how did you come up with the above caluclations!!!
FYI, i traded ELD many times both yesterday and today, so basically you know about one transaction only!
Yesterday my last transaction was buying at 44.5c and i decided to her hold overnight (i made a mistake lol) and it went down so i had to sell early morning at 41.5c (this was $3000 loss which is better than your best case scenario !!!).
To sum up, day traders can buy/sell the same share few times during one trading session hence trading volume can be very deceptive sometimes.
By the way, i have not lost money trading ELD so far! and i will coninue trading it as long as it has the big trading volume and the high volatility!
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Last
$9.14 |
Change
0.120(1.33%) |
Mkt cap ! $1.444B |
Open | High | Low | Value | Volume |
$9.17 | $9.22 | $9.04 | $1.790M | 196.3K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 3990 | $9.08 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$9.15 | 1218 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 111 | 8.970 |
1 | 66 | 8.960 |
1 | 350 | 8.930 |
2 | 2057 | 8.850 |
3 | 3542 | 8.650 |
Price($) | Vol. | No. |
---|---|---|
9.190 | 270 | 1 |
9.200 | 1527 | 1 |
9.210 | 3000 | 1 |
9.220 | 155 | 1 |
9.230 | 632 | 1 |
Last trade - 16.10pm 09/08/2024 (20 minute delay) ? |
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ELD (ASX) Chart |