Oh I do believe what you are saying is correct and yes that is an inevidable outcome of an uptrending stock - however what I was asking is if there were any specific news or information that may be causing the heavy selling in the morning across the range of the XAO.
I did, however, jump the gun quite a bit as the 11K units holding up 0.20cps did get replenished and put me at ease slightly.
So in response, Simon; I agree with you and I have learnt that lesson prior to today, and the hard way too I might add. I just wanted to know if there was any "specific" market news cuasing the drop in the XAO rather than any news pertaining solely to the stock itself.
Sorry; my questions and complaints may be frustrating to read for many posters but please excuse my ignorance and allow me my travels across the sea of knowledge :) I find this forum as a key tool and have been educated quite a lot due to the opinions and thoughts of many posters here.
slipping sp?, page-3
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Last
35.5¢ |
Change
-0.005(1.39%) |
Mkt cap ! $2.414B | |||
| Open | High | Low | Value | Volume |
| 37.0¢ | 37.3¢ | 35.5¢ | $5.744M | 15.94M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 21 | 560666 | 35.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 36.0¢ | 801036 | 8 |
View Market Depth
| Last trade - 16.10pm 14/08/2024 (20 minute delay) ? |
| RED (ASX) Chart |