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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I don't think a 6 or 7% fall over two days counts as falling...
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Last
$2.38 |
Change
0.060(2.59%) |
Mkt cap ! $1.596B |
Open | High | Low | Value | Volume |
$2.33 | $2.39 | $2.30 | $5.264M | 2.232M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 7024 | $2.37 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$2.38 | 32100 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 7024 | 2.370 |
1 | 15097 | 2.360 |
3 | 43690 | 2.350 |
3 | 40286 | 2.340 |
1 | 5189 | 2.330 |
Price($) | Vol. | No. |
---|---|---|
2.380 | 32100 | 2 |
2.390 | 24295 | 2 |
2.400 | 51634 | 5 |
2.410 | 59581 | 3 |
2.420 | 52866 | 4 |
Last trade - 16.10pm 02/09/2024 (20 minute delay) ? |
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