It's not simplistic as that.
The spot market price is totally engineered.
Genuine sellers don't act in this manner.
Wouldn't be surprised if 70 - 80% of volume is BEOT buying and selling to themselves trying to collect collateral damage by way of panicked sellers quiting.
General discussion, page-6238
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Last
$17.16 |
Change
0.090(0.53%) |
Mkt cap ! $1.052B | |||
| Open | High | Low | Value | Volume |
| $17.20 | $17.57 | $16.65 | $9.930M | 580.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 50 | $17.16 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $17.19 | 500 | 1 |
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| Last trade - 16.10pm 12/07/2024 (20 minute delay) ? |
| WA1 (ASX) Chart |