Im a holder of NWS and have been a little disappointed with the recent softness in the share price expecially given the strength of the ASX. Im a bit baffled as to which market drives the price. Generally if the US has a strong day, the NWS in aussie with gap up & obviously vice versa. This would lead me to believe that the NWS in the ASX is merely a mirror of the US market price adjusted for currency movement. But this view would mean suggestions such as the inclusion in ASX indicies will support/drive up demand because of the need for local managers to buy the stock is false as this is happening locally & not in the US. NWS was down 0.39c last night & therefore one would assume this would mean a price sub $28 in Aus on Monday. I currently see strong support for NWS at $28 so this is the test. Should the price close below $28 I reckon my original proposition seems to hold. Should NWS hold at $28 - well then I reckon other forces are at play & will restore my hope that the AUS market is having some say in NWS fortunes.
- Forums
- ASX - By Stock
- NWS
- my experiment
my experiment
-
- There are more pages in this discussion • 1 more message in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add NWS (ASX) to my watchlist
(20min delay)
|
|||||
Last
$42.89 |
Change
0.290(0.68%) |
Mkt cap ! $1.214B |
Open | High | Low | Value | Volume |
$43.07 | $43.37 | $42.89 | $8.512M | 198.0K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 3500 | $42.83 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$42.94 | 360 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 3500 | 42.830 |
1 | 265 | 42.810 |
1 | 360 | 42.730 |
1 | 30 | 36.340 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
42.940 | 360 | 1 |
43.020 | 265 | 1 |
43.170 | 3500 | 1 |
44.000 | 172 | 2 |
44.740 | 240 | 1 |
Last trade - 16.10pm 26/06/2024 (20 minute delay) ? |
Featured News
NWS (ASX) Chart |