Low trading volume on the ASX today but large price swings upwards. High volume trading in MYX and SP capitulation at the same time. Over 9 million shares traded before 11am and the selling pressure continues. Only major share holders appear to be Investors mutual and Lazard left on the registry. It’s like rats deserting the sinking ship. Half year announcement did nothing to allay investors concerns so the steady selling pressure has continued without abatement.
MYX Price at posting:
21.8¢ Sentiment: None Disclosure: Not Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)