For all shares, there is usually a concerted sell off around the last week of the financial year.Fir those who don't realise why, it's to offset capital gains if one has had a really profitable year.
I believe therefore that in order to prevent a sell off (not good for Soph Investors) it would be in the companies best interest to hold off announcing offtakes until an end financial year sell off has commenced, or halted.
Then, by way of announcing the offtakes, they keep the share bouyant - or better still, keep it in a growth pattern.
That would be best for business imo.
- Forums
- ASX - By Stock
- External News & Commentary
For all shares, there is usually a concerted sell off around the...
-
-
- There are more pages in this discussion • 1,558 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 INR (ASX) to my watchlist
(20min delay)
|
|||||
Last
23.0¢ |
Change
0.010(4.55%) |
Mkt cap ! $537.6M |
Open | High | Low | Value | Volume |
22.0¢ | 23.5¢ | 22.0¢ | $1.047M | 4.617M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 111194 | 23.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
23.5¢ | 926923 | 13 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 13043 | 0.230 |
1 | 70272 | 0.220 |
2 | 23513 | 0.215 |
5 | 131770 | 0.210 |
3 | 74415 | 0.205 |
Price($) | Vol. | No. |
---|---|---|
0.235 | 883123 | 10 |
0.240 | 862843 | 12 |
0.245 | 472000 | 2 |
0.250 | 1114663 | 15 |
0.255 | 40000 | 1 |
Last trade - 16.10pm 27/09/2024 (20 minute delay) ? |
Featured News
INR (ASX) Chart |