Yavarider,
First of all, I am waiting for someone who has more knowledge than I do to answer your question properly. After looking at the losses yesterday (especially considering the good news) I figure that the real issues is that the institutional buyers, the hedge funds, the banks, are not yet buying up the GGG shares. The only thing that makes sense to me is that the same day trader types, the ones who sold last Friday, are taking their quick profits again. Another thing, I think there is a discrepancy between the time zones. If a lot of Europeans bought up on the good news, followed by Americans, then the price in the Australian market opens higher as it did yesterday. Apparently, a lot of the short term players said, "Great, thank you very much," and sold. I do believe, as most people on this site are saying, that if one is prepared to stay long you will be handsomely rewarded. However, it is befuddling that the share price reversed after such great news.
- Forums
- ASX - By Stock
- ETM
- Buyers/Sellers Question
Buyers/Sellers Question, page-4
-
- There are more pages in this discussion • 102 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add ETM (ASX) to my watchlist
(20min delay)
|
|||||
Last
2.3¢ |
Change
0.000(0.00%) |
Mkt cap ! $32.40M |
Open | High | Low | Value | Volume |
2.3¢ | 2.4¢ | 2.2¢ | $47.87K | 2.043M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 484862 | 2.3¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
2.4¢ | 500000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 484862 | 0.023 |
2 | 258670 | 0.022 |
1 | 17585 | 0.021 |
4 | 2547223 | 0.020 |
3 | 1370000 | 0.019 |
Price($) | Vol. | No. |
---|---|---|
0.024 | 500000 | 1 |
0.025 | 1472866 | 3 |
0.026 | 1636746 | 2 |
0.027 | 886964 | 3 |
0.028 | 2708 | 1 |
Last trade - 16.10pm 16/10/2024 (20 minute delay) ? |
Featured News
ETM (ASX) Chart |
The Watchlist
JBY
JAMES BAY MINERALS LIMITED
Andrew Dornan, Executive Director
Andrew Dornan
Executive Director
SPONSORED BY The Market Online