Mate,
SP has been very weak for the past three days, seems to me that there are a lot of sellers after strong rise lately, but they have been pressure downwards and sellers were waiting to get out at the right time.
The next few days will be interesting to see if the sellers are continuing and others such as QBE has been performing much better.
If DOW holds SUN will go up again, it looks a bit over cooked.
Analysts were wrong with MQG today and, they seemed to have undervalued MQG's assets so there you go SUN might be undervalued and others too, it is understandable they have put the worst scenario on SPs
Cheers,
big cross trades, page-2
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Last
$18.55 |
Change
-0.140(0.75%) |
Mkt cap ! $23.70B | |||
| Open | High | Low | Value | Volume |
| $18.62 | $18.73 | $18.53 | $6.964M | 373.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 892 | $18.54 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $18.55 | 1434 | 11 |
View Market Depth
| Last trade - 13.16pm 08/11/2024 (20 minute delay) ? |
| SUN (ASX) Chart |