Incase anyone needed further clarification that this was a tree shake compounded by macro factors. If the market was up or flat today and a 16% sell off occurred then yes you would be thinking leaky ship and seeing red flags, but when the All Ords Gold index is down 4.14% you take it as an opportunity to buy up on other's weak stop losses.
Perhaps the Moderna vaccine triggered a second wave of gold sell offs here like it did last week? Strange thing is the US futures are flat, maybe we're a little trigger happy this side of the equator?
Incase anyone needed further clarification that this was a tree...
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Last
0.9¢ |
Change
0.001(12.5%) |
Mkt cap ! $8.684M | |||
| Open | High | Low | Value | Volume |
| 0.8¢ | 0.9¢ | 0.8¢ | $7.111K | 888.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 2628074 | 0.8¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.9¢ | 179366 | 2 |
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| Last trade - 16.10pm 21/06/2024 (20 minute delay) ? |
| LCL (ASX) Chart |