It would stupid to put a market order in for 1m shares like that..but then it would be stupid to buy 1 million SGH so who knows what this imaginary person would do.
You also aren't considering those who wish to sell that haven't yet placed their orders. As the price moves, more buy and sell orders come to the market.
The bulls are clutching at straws and coming up with all these imagined scenarios about how this stock can turnaround. Classic bagholders.
It would stupid to put a market order in for 1m shares like...
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Last
$47.71 |
Change
1.460(3.16%) |
Mkt cap ! $19.41B | |||
| Open | High | Low | Value | Volume |
| $46.25 | $48.55 | $46.25 | $16.49M | 345.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 3120 | $47.43 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $47.88 | 21 | 2 |
View Market Depth
| Last trade - 16.10pm 19/11/2024 (20 minute delay) ? |
| SGH (ASX) Chart |