I think you are half right. If you look at course of sales there were some very large trades right at the start of the day. One at 10.04 - 79K for $888K in one trade - definitely a sell as 3 cents below other trades.
Given the predictable broker downgrades aside fro Citi, I think the insto's placed sell orders for start of day and then slowly the slack has been picked up by retail investors.
All borkers advising get out of regionals I can see. Sorry to labour this but where is the upside here - and I take the point made re divs but stocks just don't go sideways - they drift down until they find support and BOQ will only get that when it is as a reasonable discount to the majors
I think you are half right. If you look at course of sales there...
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Last
$6.20 |
Change
-0.100(1.59%) |
Mkt cap ! $4.101B | |||
| Open | High | Low | Value | Volume |
| $6.24 | $6.25 | $6.16 | $3.671M | 592.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 26 | 23822 | $6.20 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.21 | 9314 | 17 |
View Market Depth
| Last trade - 11.34am 02/08/2024 (20 minute delay) ? |
| BOQ (ASX) Chart |