Hope so, but to me it seems like we're in no man's land at the moment. Fundamentals continue to look great, but the ongoing HFT campaign is slowly lowering the SP and the intraday volatility it has been causing is, IMO, keeping new buyers away. They have stacked the sell side and are keeping the buy side very thin, and appear to be willing to sell through buy orders just to lower the SP. ASX and ASIC short data are consistently irreconcilable lately, too, so someone is purposely failing to report their short selling activities. Worst case scenario IMO is that someone has their eyes on Van Eck's holdings and is looking to pry them loose by continuing to drag down the SP until the end of November. Would be a great buying opportunity but I really hope it doesn't come to that.
- Forums
- ASX - By Stock
- David Woodall to address meeting in Korea on Thursday
Hope so, but to me it seems like we're in no man's land at the...
-
-
- There are more pages in this discussion • 11 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 ASM (ASX) to my watchlist
(20min delay)
|
|||||
Last
48.0¢ |
Change
0.020(4.35%) |
Mkt cap ! $87.00M |
Open | High | Low | Value | Volume |
47.0¢ | 50.0¢ | 47.0¢ | $124.9K | 258.8K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 11491 | 48.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
49.0¢ | 5454 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 11491 | 0.480 |
1 | 1575 | 0.475 |
1 | 5000 | 0.465 |
5 | 38839 | 0.460 |
2 | 3500 | 0.455 |
Price($) | Vol. | No. |
---|---|---|
0.490 | 5454 | 1 |
0.495 | 19472 | 3 |
0.500 | 103592 | 3 |
0.505 | 20000 | 1 |
0.510 | 19151 | 2 |
Last trade - 16.10pm 16/08/2024 (20 minute delay) ? |
Featured News
ASM (ASX) Chart |