"someone perhaps with a margin loan can only trade in ASX 300 listed companies and had to get out at any price?"
Nothing to do with margin loans Bigjig, it's a case of some instos that follow the indexes have to sell when a stock is removed (or buy when it's added).
That's out of the way now so we should see a strong rebound on Monday other than maybe a few late sellers that don't know what's going on. From 3c I don't think the POG (up or down) will have any bearing on the likely rebound for ABU.
"someone perhaps with a margin loan can only trade in ASX 300...
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Last
0.2¢ |
Change
0.000(0.00%) |
Mkt cap ! $4.235M | |||
| Open | High | Low | Value | Volume |
| 0.2¢ | 0.2¢ | 0.2¢ | $2.624K | 1.311M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 17 | 122872432 | 0.1¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.3¢ | 21720689 | 22 |
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| Last trade - 12.05pm 30/08/2024 (20 minute delay) ? |
| PRX (ASX) Chart |