Because they aren’t idiots?
let’s say we are at $50 and the market regards Neu as mature.
If they hold 50k, 100k, or 200k of shares, and using their personal education see it as a 10% - 20% loss event. They’d be pretty silly to just cop a $2 million loss.
mature investments don’t just bounce back 20%
Share Price, page-8959
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Last
$15.28 |
Change
-0.040(0.26%) |
Mkt cap ! $1.932B | |||
| Open | High | Low | Value | Volume |
| $15.10 | $15.29 | $15.04 | $1.594M | 105.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 9 | 284 | $15.27 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $15.28 | 401 | 10 |
View Market Depth
| Last trade - 11.57am 21/08/2024 (20 minute delay) ? |
| NEU (ASX) Chart |