Don’t know how much effect margin lending stock holders could have here as sellers as STX sp dropped quickly. Never margin borrowed so I don’t have experience when a share starts what is a dramatic fall. Only remember the chaos during the GFC when margin calls came thick and fast and punters sold due to lack of liquidity and I think panic due to uncertainty. Always seems to be investors borrowing to get into “a sure thing” whether investment properties or shares.
Bottom of the Barrel Valuation, page-173
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Last
24.8¢ |
Change
0.013(5.32%) |
Mkt cap ! $700.8M | |||
| Open | High | Low | Value | Volume |
| 24.0¢ | 25.0¢ | 23.8¢ | $2.400M | 9.836M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 41 | 710493 | 24.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 25.0¢ | 2473156 | 65 |
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| Last trade - 15.00pm 27/06/2024 (20 minute delay) ? |
| STX (ASX) Chart |