Not sure how long you've been with the market, but that sp behaviour we all witnessed and now feel/felt is common in the market place, more so amongst the micro and small caps.
It doesn't make it right, and if you know a way to somehow make it stop everyone would love you for it. But unfortunately it has become the modus operandi of micros and smalls as they transition into small-medium caps.
Even medium to large caps feel the same sort of pain.
If you do enough research, you will notice there are equally the same sort of complaints now or in the past at many other stocks in HotCopper. Look at CVN, BPT, etc. every now and then you'll see the same sort of complaints of the sp being held back or shorters manipulating or bot action, etc, etc.
I'm not saying it is right, it is definitely wrong or feels wrong; but it has become the nature of the market. If you start looking at other indices like the NASDQ and NYSE you'll see even much more profound behaviour.
All I can say is, if you want to be in the ASX or STX then you will have to live with "that" game. It ain't for the faint hearted, you will have to roll with the punches! It's a boxing match between buyers, traders, and investors. You can't go boxing and not expect to get punched! if you want more peace of mind, perhaps lay off the market and just stick to managed funds or property investment. By buy a sandwich shop in your neighbourhood! At least you can expense money there for tax purposes!
- Forums
- ASX - By Stock
- Do I have this right?
Not sure how long you've been with the market, but that sp...
-
-
- There are more pages in this discussion • 23 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 STX (ASX) to my watchlist
|
|||||
Last
19.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $558.7M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 10000 | 28.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
18.0¢ | 452905 | 4 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 10000 | 0.280 |
1 | 28000 | 0.250 |
1 | 29999 | 0.220 |
6 | 397158 | 0.210 |
2 | 61016 | 0.205 |
Price($) | Vol. | No. |
---|---|---|
0.180 | 452905 | 4 |
0.190 | 4578676 | 6 |
0.200 | 405065 | 10 |
0.205 | 207625 | 3 |
0.210 | 200073 | 8 |
Last trade - 16.20pm 02/09/2024 (20 minute delay) ? |
Featured News
STX (ASX) Chart |
Day chart unavailable