Hi solusnauta,
You've lost me too????
For one thing the two markets are buying and selling the same shares so increase due to demand is always going to be influenced by both markets at the same time. I gather your point is that one market or the other may have greater influence and lead the other. I certainly agree with this and suspect (and hope) it will be the NASDAQ.
Secondly you talk of demand increasing by certain percentages and seem to suggest it has the same percentage effect on the SP. That makes no sense. Demand can (and does) incease by 234% but it won't often triple a share price?
And you talk about it being more likely that the ASX will triple a share from 30c to $1 than the NASDAQ tripling a share from $9 to $30. (Even if all the increase was being driven by one market) there's no logical reason why it would be more likely that the one with the lower SP would do it. (See previous email about Market Cap).
Hi solusnauta,You've lost me too????For one thing the two...
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Last
32.0¢ |
Change
0.020(6.67%) |
Mkt cap ! $464.8M | |||
| Open | High | Low | Value | Volume |
| 30.5¢ | 32.3¢ | 30.0¢ | $1.040M | 3.328M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 10000 | 31.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 32.0¢ | 42705 | 2 |
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| Last trade - 16.10pm 09/08/2024 (20 minute delay) ? |
| IMM (ASX) Chart |