I agree with you but the equation is not always working. Only the ones with the detailed knowledge will not be influenced by the HFT that made the share price up and down. Global X is the classic example and I have been watching its SLX holding for years.
Good luck and enjoy.
Global X Uranium ETF, page-3
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Last
$3.54 |
Change
-0.010(0.28%) |
Mkt cap ! $838.5M | |||
| Open | High | Low | Value | Volume |
| $3.53 | $3.55 | $3.47 | $1.894M | 538.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1015 | $3.53 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.56 | 271 | 1 |
View Market Depth
| Last trade - 16.10pm 06/09/2024 (20 minute delay) ? |
| SLX (ASX) Chart |