Yes, well the sp is totally controlled by institutional selling, and has been for months on end.
I expect when the business is done down at this level somewhere, well head back up fairly quickly and fill in those gaps.
Reasoning:
If your interest is to sell your shares, why gap the price down 30 odd cents at a time and miss all those sales in between at higher prices?
Also, why keep the trading range on those gap down days so small...is it to preserve the gaps between the days??
My answer:
Because we need to do some business at a certain level first, and we'll get those sales on the way back.
This scenario is IMO of course.
- Forums
- ASX - By Stock
- QBE
- great result
great result, page-33
Featured News
Add QBE (ASX) to my watchlist
(20min delay)
|
|||||
Last
$18.49 |
Change
0.240(1.32%) |
Mkt cap ! $27.83B |
Open | High | Low | Value | Volume |
$18.20 | $18.49 | $18.13 | $58.90M | 3.201M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 56 | $18.43 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$18.50 | 25787 | 11 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 56 | 18.430 |
1 | 1500 | 18.370 |
1 | 8003 | 18.360 |
3 | 19515 | 18.350 |
3 | 19562 | 18.340 |
Price($) | Vol. | No. |
---|---|---|
18.500 | 25787 | 11 |
18.510 | 8666 | 3 |
18.530 | 7332 | 1 |
18.540 | 2325 | 2 |
18.550 | 2370 | 2 |
Last trade - 16.10pm 11/11/2024 (20 minute delay) ? |
Featured News
QBE (ASX) Chart |
The Watchlist
I88
INFINI RESOURCES LIMITED
Charles Armstrong, MD & CEO
Charles Armstrong
MD & CEO
Previous Video
Next Video
SPONSORED BY The Market Online