I totally agree with you. They are making a fortune out of the silly holders. Add on the time of the year with the other idiot holders who don’t want to pay tax, so they sell the “losers” at any price then this is how we have ended up this low. Nothing to do with a change in fundamentals at all.
I suspect it will start to turn very soon. The market surprises both on the way down and on the way up, so all someone like me can do is “buy and hold” for GENUINE LONG TERM, NOT JBHIFI LONG TERM of 3 months.
Algo shorting, page-2
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Last
$10.52 |
Change
0.380(3.75%) |
Mkt cap ! $3.145B | |||
| Open | High | Low | Value | Volume |
| $10.43 | $10.60 | $10.31 | $22.00M | 2.093M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 39693 | $10.51 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $10.54 | 1500 | 1 |
View Market Depth
| Last trade - 16.10pm 16/08/2024 (20 minute delay) ? |
| PDN (ASX) Chart |