Firstly if you bought at $5.50 you’re now sitting on a loss but the bigger issue is often investors at this time of the will sell a company in profit like CU6 to offset any losses they have from other companies or previous years. So they’re crystallising the loses rather than carrying them forward.
CU6 - ASX Charts, page-556
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 (20min delay)
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Last
$7.53 |
Change
-0.360(4.56%) |
Mkt cap ! $2.423B | |||
| Open | High | Low | Value | Volume |
| $7.96 | $7.97 | $7.44 | $3.303M | 431.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 9 | 1611 | $7.52 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $7.54 | 2845 | 5 |
View Market Depth
| Last trade - 11.24am 08/10/2024 (20 minute delay) ? |
| CU6 (ASX) Chart |