We all know about the 201,900 @ $11.00 trade in after hours trading off Dendreon at 6.14pm.
My question is. The stock was trading at $35.28 at 5.08pm, how does it jump down to $11.00 with one trade. If someone had 200K of shares to sell, why not sell them at $35 a share?
Forgive me if I am sounding naive but I just don't quite get it.
Would appreciate it if someone more knowledgeable could explain.
Thanks
Dakook
the infamous dndn after hours trade....
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 (20min delay)
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Last
29.5¢ |
Change
-0.040(11.9%) |
Mkt cap ! $428.5M | |||
| Open | High | Low | Value | Volume |
| 32.0¢ | 33.0¢ | 28.0¢ | $7.278M | 23.75M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 53192 | 29.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 30.5¢ | 41048 | 1 |
View Market Depth
| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| IMM (ASX) Chart |