What I am enjoying the most about the trading action we see is that turnover is abysmally low considering the price appreciation we are seeing. That tells me (perhaps mistakenly) that retail holders are not providing the liquidity purchasers seek. As we sit on our hands even if there is possible temporary improvements (hopefully not) in market pricing, then either the short sellers and other traders sell more and dig a deeper hole for themselves, or the price reclaims greater chunks of the ground lost to those parties.
regards
DF
What I am enjoying the most about the trading action we see is...
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 (20min delay)
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Last
93.5¢ |
Change
-0.050(5.08%) |
Mkt cap ! $2.266B | |||
| Open | High | Low | Value | Volume |
| 97.5¢ | 97.5¢ | 93.5¢ | $49.48M | 52.51M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 37 | 2797617 | 93.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 94.0¢ | 341986 | 5 |
View Market Depth
| Last trade - 16.10pm 21/06/2024 (20 minute delay) ? |
| LTR (ASX) Chart |