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
$1.09 |
Change
0.015(1.40%) |
Mkt cap ! $636.0M |
Open | High | Low | Value | Volume |
$1.06 | $1.10 | $1.06 | $1.445M | 1.329M |
Buyers (Bids)
No. | Vol. | Price($) |
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20 | 121901 | $1.08 |
Sellers (Offers)
Price($) | Vol. | No. |
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$1.09 | 976 | 4 |
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No. | Vol. | Price($) |
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18 | 125762 | 1.080 |
14 | 58555 | 1.075 |
17 | 153784 | 1.070 |
9 | 151553 | 1.065 |
8 | 33381 | 1.060 |
Price($) | Vol. | No. |
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1.085 | 8517 | 10 |
1.090 | 130392 | 36 |
1.095 | 92313 | 24 |
1.100 | 263654 | 18 |
1.105 | 140891 | 12 |
Last trade - 15.36pm 01/05/2024 (20 minute delay) ? |
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Last
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Change
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Open | High | Low | Volume | ||
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Last updated 15.54pm 01/05/2024 ? |
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