Dear HC regulars
Can you please help me understand what relationship there may be between HC interest in a stock and share price action.
What I mean is that this thread was commenced only this morning at 09:20, yet by 16:50 has greeter than 8500 views - obviously LOTS OF INTEREST.
8500 views seems a lot to me in 7 hours.
I would expect that this sort of interest would be related to more share market action than we have had today (price up 6.9% on average daily volume). (The number of HC views on ADO today seem similar to a BIG ACTION DAY for a stock, e.g. the action in a day two weeks ago when MEO went up 150% on a significant announcement, or in a day a week ago when CVN went up 100%+ on an oil strike.)
So, why is their (comparatively) lots of HC views on ADO but minimal market action?
Is there any general relationship?
all views welcome… I am relatively new to HC and learning.
with thanks
ANN - Feasability Agreement, page-63
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Last
2.2¢ |
Change
-0.002(8.33%) |
Mkt cap ! $54.31M | |||
| Open | High | Low | Value | Volume |
| 2.4¢ | 2.4¢ | 2.2¢ | $12.59K | 542.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 487271 | 2.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 2.3¢ | 200000 | 1 |
View Market Depth
| Last trade - 16.10pm 13/09/2024 (20 minute delay) ? |
| ADO (ASX) Chart |