Profit taking is a commonality in the market place - but what is one to make of constant profit taking over a long period of time? This is what I believe we are seeing here. We opened up rather well today, and saw the 21c Ask, although weak support at 205c. The Bids were knocked out within 10 minutes.
What I want to know is - who is offloading these large amounts? Surely this is the cause of a very large holder rather than the sentiment of an array of holders.
constant profit taking
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Last
38.3¢ |
Change
-0.013(3.16%) |
Mkt cap ! $2.584B | |||
| Open | High | Low | Value | Volume |
| 39.0¢ | 39.8¢ | 37.5¢ | $4.505M | 11.75M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 62 | 1632351 | 38.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 38.5¢ | 1416625 | 48 |
View Market Depth
| Last trade - 11.57am 26/07/2024 (20 minute delay) ? |
| RED (ASX) Chart |