could be one of many things.
debt worry
IO price
LI price
stop losses being hit shorters love this.
some one pissed at CE (a fools game) but happens.
general market nervousness around China's property market.
one must consider all these things plus the unknown.
FMG has had a smacking too. obviously because of the IO price.
I am guilty of following someones comments and charting on this thread with regards to where he said the price was going He was sour about the POS deal but his price projections where to good not to follow. If you can't beat em join em. I didnt sell any shares of mine but i did use another account to go short which i closed to early in hindsight but saved over 300k in paper loss. technically im only down $15 per share. until tax time. that i have to work out now.
could be one of many things.debt worryIO priceLI pricestop...
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Last
$36.95 |
Change
-1.520(3.95%) |
Mkt cap ! $7.261B | |||
| Open | High | Low | Value | Volume |
| $37.45 | $37.77 | $36.95 | $66.20M | 1.773M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 34350 | $36.95 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $37.16 | 2000 | 1 |
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| Last trade - 16.10pm 11/11/2024 (20 minute delay) ? |
| MIN (ASX) Chart |