Ash, I have tried, many times on this forum, to point out that NASDAQ a/h trading is typically total 'bullshit'. Apparently people ignore this FACT.
Today was an exemplar.
A/H volume is currently 37,974 (admittedly, a bit higher than usual) but what was usual was that all but two (I said it before today - 2) were at the close of $25.18 OR LOWER. Those solitary 2 shares happened to be the current last trade @ $25.48 (for a whopping $50.96).
[Normal trade turned over 3,529,664 shares to close at $25 18.]
I was dismayed that Neuren actually highlighted the afterhours (non) rise in their ann. Factually true but TOTALLY misleading. A very bad bad IMO.
Apparently many were fooled by it.
I warn anyone who takes notice of ACAD A/H trading to investigate the trades (a very simple thing to do), before placing any significance on them.
Ann: Comment on research report, page-96
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Last
$19.30 |
Change
-0.200(1.03%) |
Mkt cap ! $2.466B | |||
| Open | High | Low | Value | Volume |
| $19.50 | $19.59 | $19.11 | $5.729M | 296.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 259 | $19.28 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $19.31 | 640 | 2 |
View Market Depth
| Last trade - 16.10pm 10/07/2024 (20 minute delay) ? |
| NEU (ASX) Chart |