The old saying that - ' Anything in the Spec end of the market that can happen ....most certainly will happen' may also support another view in that if you take into consideration what's happening around WFE and it's suspension today ( now locked potentially for 2 weeks pending news ) - So those traders who had bought WFE on the relative high volumes of the 5th June ( 21 odd million ) ....with T+ 2 settlement now due cannot release their funds to support the switch trade to CTM when it was clearly looking quite attractive .....so in turn have had to ' dump ' the switch trade today else they default their ASX settlement for WFE.
Nothing would surprise me and its only another one of my theories - which is as good as anything else at this stage.
The old saying that - ' Anything in the Spec end of the market...
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Last
44.0¢ |
Change
0.015(3.53%) |
Mkt cap ! $218.3M | |||
| Open | High | Low | Value | Volume |
| 42.5¢ | 46.0¢ | 42.5¢ | $220.2K | 499.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 14600 | 42.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 44.0¢ | 6987 | 2 |
View Market Depth
| Last trade - 16.10pm 05/07/2024 (20 minute delay) ? |
| CTM (ASX) Chart |