Yeah you might be right however over 20 million share purchases today well all purchases today will now be at a loss.
IMO unless people have to dump they won't. I've seen the opposite occur before a weekend where people expect a dump and instead the stock rallies hard.
Given the market is pretty bullish on this company and the anticipation of announcement might result in the exact opposite happening.
This was a common scenario with PSY.
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Last
23.5¢ |
Change
0.005(2.17%) |
Mkt cap ! $461.1M | |||
| Open | High | Low | Value | Volume |
| 23.5¢ | 24.5¢ | 23.0¢ | $1.912M | 8.083M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 16 | 620903 | 23.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 24.0¢ | 966723 | 20 |
View Market Depth
| Last trade - 16.10pm 18/10/2024 (20 minute delay) ? |
| BRN (ASX) Chart |