Exactly right RC.
Trading makes up a large percentage of the mkt - I've heard as high as 70% of trades are proprietary trading.
So if the long traders are only in for a week or two then are they any better than the shorters?
It strange that whenever a share price under-performs people scream market manipulation and death to shorters (see TSE recently).
Surely if a price is artificially lowered then this is a good thing as long term buyers can pick up more at a discount.
What these people are really telling me is they have little idea about how a market functions.
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Exactly right RC.Trading makes up a large percentage of the mkt...
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Last
$17.97 |
Change
-0.360(1.96%) |
Mkt cap ! $55.32B |
Open | High | Low | Value | Volume |
$18.10 | $18.28 | $17.97 | $250.7M | 13.82M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
7 | 104054 | $17.96 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$18.07 | 4370 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 3800 | 17.960 |
11 | 1487 | 17.950 |
3 | 6628 | 17.930 |
1 | 1500 | 17.920 |
28 | 7848 | 17.900 |
Price($) | Vol. | No. |
---|---|---|
18.070 | 4370 | 1 |
18.080 | 270 | 1 |
18.140 | 1700 | 2 |
18.150 | 100 | 1 |
18.160 | 100 | 1 |
Last trade - 16.10pm 23/08/2024 (20 minute delay) ? |
FMG (ASX) Chart |
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