I don't think a 6 or 7% fall over two days counts as falling like a tonne of bricks. In my experience this kind of movement is very common and since I have 30 or so holdings it really doesn't make much of a difference in a portfolio sense.
Large caps (i.e. 2bn USD market cap or more) often move by 20 or 30% in one trading day on international markets. One day price movements on the ASX actually seem relatively benign in comparison.
To me the expression 'Falling like a tonne of bricks' could be used when a position moves against you by 50% in a day, rather than 6%.
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Last
$3.56 |
Change
0.010(0.28%) |
Mkt cap ! $2.381B | |||
| Open | High | Low | Value | Volume |
| $3.54 | $3.59 | $3.52 | $1.956M | 551.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 29 | 10724 | $3.55 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.56 | 12762 | 45 |
View Market Depth
| Last trade - 15.38pm 25/06/2025 (20 minute delay) ? |
| IFL (ASX) Chart |