@ DaLatta,
would you have a view on the price drop on Friday and the addition of PRU to GDXJ?
My hypothesis:
1) Price did hold up during the week and after the ann on 15/12 as traders where expecting the SP to move up when PRU would be added to the index;
2) On the rebalance day, some traders started to sell, as all gold shares where trading down due to POG, and then the SP spiraled down. As price was 35% down, some fund managers had to sell at the closing, so SP did not pick up even after the 75 mn addition to GDXJ;
Does it make sense? Would you have a different view why such correction on the SP?
- Forums
- ASX - By Stock
- PRU
- GDXJ Q4 review
GDXJ Q4 review, page-6
-
- There are more pages in this discussion • 1 more message 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 PRU (ASX) to my watchlist
(20min delay)
|
|||||
Last
$2.45 |
Change
-0.190(7.20%) |
Mkt cap ! $3.412B |
Open | High | Low | Value | Volume |
$2.53 | $2.54 | $2.44 | $6.975M | 2.806M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
27 | 104511 | $2.45 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$2.46 | 66167 | 43 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
21 | 86710 | 2.450 |
33 | 170431 | 2.440 |
23 | 184816 | 2.430 |
13 | 111662 | 2.420 |
7 | 49796 | 2.410 |
Price($) | Vol. | No. |
---|---|---|
2.460 | 66049 | 41 |
2.470 | 159079 | 32 |
2.480 | 125033 | 19 |
2.490 | 293871 | 18 |
2.500 | 62214 | 10 |
Last trade - 12.43pm 02/09/2024 (20 minute delay) ? |
Featured News
PRU (ASX) Chart |