@antibody - it was confirmation bias. Re:Arbitrage Trading on the currency differentials.
https://www.theage.com.au/business/markets/was-the-flash-crash-a-false-alarm-or-a-sign-of-worse-things-to-come-20240807-p5k09l.html
We do have a mix of things going on all at once, as is typical with market chaos.
It's impossible to know what bits affect what pieces. But that said, it's a global market...and a war in The Middle East is more relevant today to a USA election, than it ever was in the past.
Our big issue with this stock...base in AUS but looking to score deals in USA is Trump Vs Harris result on November https://time.com/7010964/2024-election-calendar-dates
That result can affect FDA decisions, particularly stem-cell ones with Republican parties not tending to like new-found science that has companies "playing God"...
I'm thinking IMHO that is a big affect on this current speculative buy...but still a buy IMHO.
See what happens..T-Dah
MESO Nasdaq update, page-5744
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Mkt cap ! $1.147B | |||
| Open | High | Low | Value | Volume |
| $1.02 | $1.02 | $1.00 | $1.097M | 1.088M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 8 | 23552 | $1.01 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.02 | 62500 | 23 |
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