Nah - this is a classic index shift. The funds that have to sell because it is going ex- their mandate lend their stock to HNW brokers ahead of the reweight - then they sell into the strength once the reweight occurs.
People tend to miss it on the way down because they stop watching the stocks.
If this baby gets 1.15 im shorting.
But its not indefensible below that - depending on your AUD/USD views.
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Last
1.8¢ |
Change
-0.001(5.26%) |
Mkt cap ! $7.339M | |||
| Open | High | Low | Value | Volume |
| 1.9¢ | 1.9¢ | 1.8¢ | $11.58K | 619.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 335415 | 1.8¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.9¢ | 516258 | 1 |
View Market Depth
| Last trade - 16.10pm 23/06/2025 (20 minute delay) ? |
| ACR (ASX) Chart |