It's all smoke and mirrors, misdirection, sleight of hand and things are not at all what they may seem in the world of institutional trading and large stock movements.... Parcels of stock sold yesterday, down to low $21's, might have been bought at $14/$15 or $20 - large institutions work on average buy price and likely have an average of $18 or less in the current run up. Also consider that the seller and the buyer are often the same institution or broker and there are no fees on internal trades, only accounting adjustments..the shares don't change owner or go anywhere, merely move internally from account A to account B or C... It never pays to take such sharp movements seriously or allow them to influence ones' sentiment...
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Last
$19.22 |
Change
-0.270(1.39%) |
Mkt cap ! $59.17B |
Open | High | Low | Value | Volume |
$19.52 | $19.55 | $19.22 | $85.01M | 4.398M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 27260 | $19.22 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$19.33 | 100 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 27260 | 19.220 |
3 | 15882 | 19.210 |
11 | 6971 | 19.200 |
2 | 2020 | 19.190 |
2 | 15102 | 19.180 |
Price($) | Vol. | No. |
---|---|---|
19.330 | 100 | 1 |
19.340 | 1600 | 1 |
19.350 | 14582 | 1 |
19.370 | 14582 | 1 |
19.390 | 5283 | 4 |
Last trade - 16.10pm 04/11/2024 (20 minute delay) ? |
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FMG (ASX) Chart |