NEU 7.18% $14.47 neuren pharmaceuticals limited

It is very common in asx200 when near the balancing. Instos are...

  1. 1,066 Posts.
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    It is very common in asx200 when near the balancing. Instos are playing dirtiest trick in their book by making small trades to supress the sp in hoping to trigger 'stop Loss'. This is well known on market secret that retail stop loss range is 10 to 15%...so let us say for example fund A wants to buy 1 mil shares..if they buy on market at 17 it costs them 17mil. But if they borrowed first 1 million and slowly release them on market they only paid a "fee". The can hit target let us say 14 sp then they slowly buy may cost them total 14mil plus they can offset the fee by having 3$ different...
    that is why any retails in asx casino who put stop loss are most vulnerables and vwry sad. The only way to be successful retail is just do deep fa analysis then buy never ever have stop loss and be patient just for long run 5 to 10 years....good company like NEU will reward.
 
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Last
$14.47
Change
-1.120(7.18%)
Mkt cap ! $1.849B
Open High Low Value Volume
$15.38 $15.40 $14.40 $9.160M 624.9K

Buyers (Bids)

No. Vol. Price($)
1 50 $14.46
 

Sellers (Offers)

Price($) Vol. No.
$14.55 1764 2
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Last trade - 16.10pm 02/09/2024 (20 minute delay) ?
NEU (ASX) Chart
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