I think what we're seeing is some evaluation of value.
Look at WTC for example. Today it is trading at a price similar to where it was 6 months ago.
XRO trading at prices from 2-4 months ago.
TNE however is trading at the same price it was last Wednesday.
I am not suggesting it is immune from a broader tech selloff, but probably more resilient.
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I think what we're seeing is some evaluation of value. Look at...
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Last
$20.30 |
Change
-0.570(2.73%) |
Mkt cap ! $6.619B |
Open | High | Low | Value | Volume |
$20.49 | $20.60 | $20.17 | $33.22M | 1.632M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 3592 | $20.26 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$20.41 | 3592 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 3592 | 20.260 |
2 | 1131 | 20.250 |
1 | 3592 | 20.240 |
3 | 8845 | 20.210 |
2 | 934 | 20.200 |
Price($) | Vol. | No. |
---|---|---|
20.410 | 3592 | 1 |
20.420 | 1419 | 1 |
20.430 | 3592 | 1 |
20.460 | 3592 | 1 |
20.480 | 3592 | 1 |
Last trade - 16.10pm 05/08/2024 (20 minute delay) ? |
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TNE (ASX) Chart |