Im a holder of NWS and have been a little disappointed with the recent softness in the share price expecially given the strength of the ASX. Im a bit baffled as to which market drives the price. Generally if the US has a strong day, the NWS in aussie with gap up & obviously vice versa. This would lead me to believe that the NWS in the ASX is merely a mirror of the US market price adjusted for currency movement. But this view would mean suggestions such as the inclusion in ASX indicies will support/drive up demand because of the need for local managers to buy the stock is false as this is happening locally & not in the US. NWS was down 0.39c last night & therefore one would assume this would mean a price sub $28 in Aus on Monday. I currently see strong support for NWS at $28 so this is the test. Should the price close below $28 I reckon my original proposition seems to hold. Should NWS hold at $28 - well then I reckon other forces are at play & will restore my hope that the AUS market is having some say in NWS fortunes.
- Forums
- ASX - By Stock
- NWS
- my experiment
my experiment
- There are more pages in this discussion • 1 more message in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add NWS (ASX) to my watchlist
(20min delay)
|
|||||
Last
$38.64 |
Change
1.330(3.56%) |
Mkt cap ! $1.083B |
Open | High | Low | Value | Volume |
$38.57 | $38.84 | $38.52 | $8.016M | 208.9K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 17 | $38.67 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$38.70 | 65 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
10 | 171 | 38.590 |
4 | 177 | 38.580 |
5 | 583 | 38.570 |
2 | 31 | 38.560 |
1 | 15 | 38.550 |
Price($) | Vol. | No. |
---|---|---|
38.610 | 60 | 5 |
38.620 | 59 | 2 |
38.630 | 34 | 2 |
38.640 | 59 | 2 |
38.650 | 332 | 2 |
Last trade - 11.40am 10/05/2024 (20 minute delay) ? |
|
|||||
Last
$38.59 |
  |
Change
1.330 ( 3.72 %) |
|||
Open | High | Low | Volume | ||
$38.65 | $38.76 | $38.54 | 3647 | ||
Last updated 11.57am 10/05/2024 ? |
Featured News
NWS (ASX) Chart |