The reason is the market doesn’t necessarily work logically.
There are individuals and companies that take advantage of people’s insecurities.
Why do people sell when there is a price crash and I’m not referring to STX just companies in general? Because they are risk averse even when historically the evidence is the share price will iincrease.
Ann: Talon acquisition update, page-218
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Last
21.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $616.0M | |||
| Open | High | Low | Value | Volume |
| 21.5¢ | 22.0¢ | 21.3¢ | $1.508M | 7.021M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 15 | 1400246 | 21.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 21.5¢ | 236534 | 2 |
View Market Depth
| Last trade - 16.10pm 01/11/2024 (20 minute delay) ? |
| STX (ASX) Chart |