My opinion is the SP will drop on either good or bad news.
Good news and those in the know will accumulate via a tree shake and capping like you saw today.
Bad news and the SP will drop very fast because those big parcels of buys that hit the market to soak up sells today just won't be there.
Ann: Results of FAR Limited's $15 million Entitlement Offer, page-41
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Last
48.5¢ |
Change
0.005(1.04%) |
Mkt cap ! $44.81M | |||
| Open | High | Low | Value | Volume |
| 48.5¢ | 48.5¢ | 48.5¢ | $10.11K | 20.85K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 99195 | 48.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 49.5¢ | 2000 | 1 |
View Market Depth
| Last trade - 11.19am 09/08/2024 (20 minute delay) ? |
| FAR (ASX) Chart |