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
$1.05 |
Change
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Mkt cap ! $611.2M |
Open | High | Low | Value | Volume |
$1.05 | $1.06 | $1.05 | $269.8K | 257.0K |
Buyers (Bids)
No. | Vol. | Price($) |
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16 | 45050 | $1.05 |
Sellers (Offers)
Price($) | Vol. | No. |
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$1.06 | 88671 | 30 |
View Market Depth
No. | Vol. | Price($) |
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14 | 61953 | 1.050 |
14 | 71359 | 1.045 |
14 | 77221 | 1.040 |
14 | 81181 | 1.035 |
10 | 108674 | 1.030 |
Price($) | Vol. | No. |
---|---|---|
1.055 | 77877 | 25 |
1.060 | 116623 | 17 |
1.065 | 125216 | 22 |
1.070 | 79145 | 14 |
1.075 | 153989 | 6 |
Last trade - 11.24am 22/05/2024 (20 minute delay) ? |
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Last
$1.06 |
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Change
0.000 ( 0.39 %) |
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Open | High | Low | Volume | ||
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Last updated 11.44am 22/05/2024 ? |
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