Because 99% of investors are sheep. As soon as a wolf enters the yard, they run for the exits. There is no logic in these situations. Only fear and a clear lack of ability of correctly valuating a listed company: this assessment is for value investors, that is. On the other hand, day traders are sheep on steroids who are quicker to run for the exits if things go south.
I stayed away from this one as I believe that the FDA is a political, pro-American, pro-business, body, whose interests are predominantly protecting the large companies and industries operating with the USA, rather than the health of Americans: I mean look at their approach to animal food, glyphosate (Monsanto), the meat industry, and so on.
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Last
$1.11 |
Change
0.055(5.24%) |
Mkt cap ! $1.261B |
Open | High | Low | Value | Volume |
$1.05 | $1.13 | $1.04 | $6.781M | 6.207M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 43856 | $1.11 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.11 | 66000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
6 | 52505 | 1.100 |
1 | 4552 | 1.095 |
3 | 60574 | 1.090 |
3 | 31716 | 1.085 |
2 | 14000 | 1.080 |
Price($) | Vol. | No. |
---|---|---|
1.110 | 66000 | 1 |
1.115 | 80808 | 1 |
1.120 | 88882 | 4 |
1.125 | 74996 | 5 |
1.130 | 111884 | 6 |
Last trade - 16.10pm 05/07/2024 (20 minute delay) ? |
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MSB (ASX) Chart |