Maybe some instos are expecting a bit of a retreat for the oil price soon? Some retracement almost certain at some point. That usually results in a bit of aknee jerk in the SP markets. Could be too that some foreign investors who like oil stocks are bailing Oz, after a long stay Oz dollar goes down in response to likelihood of no more rate rises and possible cuts. $A always seen in USA as a commodity gold proxy too. Just speculation on my part tho.
Maybe some instos are expecting a bit of a retreat for the oil...
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Last
14.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $11.36M | |||
| Open | High | Low | Value | Volume |
| 13.0¢ | 14.0¢ | 13.0¢ | $10.34K | 77.22K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 8000 | 12.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 14.0¢ | 37596 | 2 |
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| Last trade - 15.52pm 24/06/2024 (20 minute delay) ? |
| ROC (ASX) Chart |