When big instos decide to sell their positions to allocate cash somewhere else, it takes many months for their positions to liquidate due to the sheer volume of shares they hold. They drip-sell to capture best prices and not crash the stock dramatically. A lot of instos who have doubled their money with GQG seem to be liquidating for obvious macro reasons and the belief that GQG's growth has plateaued in the short term. Although it is sad to see the SP drifting lower each day, there is nothing we can do but wait patiently with the belief that we are invested in a good stock with good fundamentals and future trajectory. Everything else is beyond out control.
I was hoping to get a FUM update this week but seems it might be next week now, hopefully Monday.
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When big instos decide to sell their positions to allocate cash...
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Last
$2.70 |
Change
-0.100(3.57%) |
Mkt cap ! $7.974B |
Open | High | Low | Value | Volume |
$2.80 | $2.81 | $2.69 | $5.066M | 1.866M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
16 | 5107 | $2.70 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$2.71 | 28807 | 27 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
20 | 6944 | 2.700 |
15 | 39100 | 2.690 |
9 | 17726 | 2.680 |
5 | 37220 | 2.670 |
6 | 9219 | 2.660 |
Price($) | Vol. | No. |
---|---|---|
2.710 | 29780 | 28 |
2.720 | 51526 | 9 |
2.730 | 47247 | 6 |
2.740 | 6179 | 6 |
2.760 | 151904 | 8 |
Last trade - 15.52pm 12/11/2024 (20 minute delay) ? |
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