The pattern appears to be that whenever it runs past the 4% mark, it gets pummeled back down again due to profit taking. The buy / sell spread has settled to almost exactly 1:1 indicating this level is a short term stability point.
The risk going forward is the market may grow weary of a long drawn-out CBI issue, and begin to see opportunities elsewhere. It does sometimes happen.
The pattern appears to be that whenever it runs past the 4%...
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Last
93.0¢ |
Change
0.010(1.09%) |
Mkt cap ! $348.8M | |||
| Open | High | Low | Value | Volume |
| 92.5¢ | 94.0¢ | 90.8¢ | $885.4K | 954.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 385011 | 93.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 94.0¢ | 5047 | 3 |
View Market Depth
| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| EML (ASX) Chart |