It is when something rockets up the way TG6 has. Day traders get pretty confident that they can take a position without necessarily having the funds to cover the trade, knowing they can offload it within the T+2 period for a profit and just bank the difference. Very common for any sudden price spikes. Another thing to watch out for if a stock flies, and just goes higher and higher (e.g. WA1), is when the 50% CGT discount comes around after 12 months from the initial price boom. Some people who bought at 20c would be sitting on massive profits as it has gone up to $10 in 12 months, and would hold off selling any before they gained the CGT discount to reduce the massive tax bill.
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Last
18.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $12.79M |
Open | High | Low | Value | Volume |
18.0¢ | 18.0¢ | 17.0¢ | $30.41K | 175.5K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 32743 | 17.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
17.5¢ | 13 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 32743 | 0.170 |
3 | 115000 | 0.160 |
1 | 5783 | 0.155 |
2 | 80000 | 0.150 |
2 | 43679 | 0.140 |
Price($) | Vol. | No. |
---|---|---|
0.175 | 13 | 1 |
0.180 | 20168 | 1 |
0.190 | 53402 | 3 |
0.200 | 371 | 1 |
0.210 | 15906 | 2 |
Last trade - 15.05pm 23/07/2024 (20 minute delay) ? |
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