No. Price is purely the consequence of supply versus demand. As we know, both of these (especially demand) can fluctuate for a host of reasons, including (though not exclusively) factors related to crowd psychology. In brief, psychology dictates whether the crowd's focus is on long term factors (usually associated with anticipated business & economic performance) or short term factors (like fears of price falls, or excitement about possible corporate action, to give two examples).
Unless you believe a fair price fluctuates with whims of psychology, then it cannot be assumed that price is always fair.
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Last
94.5¢ |
Change
-0.020(2.07%) |
Mkt cap ! $547.2M |
Open | High | Low | Value | Volume |
92.5¢ | 95.5¢ | 92.5¢ | $1.248M | 1.327M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
26 | 48936 | 94.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
94.5¢ | 61578 | 29 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
27 | 49850 | 0.940 |
19 | 79706 | 0.935 |
30 | 222001 | 0.930 |
11 | 279831 | 0.925 |
11 | 48006 | 0.920 |
Price($) | Vol. | No. |
---|---|---|
0.945 | 61686 | 32 |
0.950 | 40401 | 21 |
0.955 | 66865 | 19 |
0.960 | 58109 | 10 |
0.965 | 29946 | 5 |
Last trade - 14.11pm 05/09/2024 (20 minute delay) ? |
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