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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insignia financial ltd
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I don't think a 6 or 7% fall over two days counts as falling...
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Last
$3.55 |
Change
0.000(0.00%) |
Mkt cap ! $2.381B |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 21 | $3.81 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$3.33 | 23 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 21 | 3.810 |
3 | 417 | 3.710 |
1 | 2146 | 3.610 |
1 | 10000 | 3.520 |
1 | 20000 | 3.510 |
Price($) | Vol. | No. |
---|---|---|
3.330 | 23 | 1 |
3.380 | 1 | 1 |
3.440 | 209 | 3 |
3.500 | 1826 | 2 |
3.540 | 1000 | 1 |
Last trade - 09.44am 25/06/2025 (20 minute delay) ? |
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IFL (ASX) Chart |