"It comes down to having to raise actual cash to settle all their bills which are like enormous margin calls"
Yep, they focus on the liquid stocks they are not interested in a number (ie what the share price should be) but are just after a dollar value to meet their margins or whatever they need to do, so the selling covers a base range of stocks spread over market sectors.
"It comes down to having to raise actual cash to settle all...
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Last
$59.48 |
Change
0.590(1.00%) |
Mkt cap ! $11.53B | |||
| Open | High | Low | Value | Volume |
| $58.30 | $59.48 | $58.17 | $27.42M | 463.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 3258 | $59.02 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $59.49 | 818 | 3 |
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| Last trade - 16.10pm 27/06/2024 (20 minute delay) ? |
| ASX (ASX) Chart |