STO 0.94% $7.37 santos limited

No Rationality In these Markets, page-5

  1. 9,811 Posts.
    lightbulb Created with Sketch. 3495
    youll never get the algorithms stopped - markets function off making money - and the algorithm traders are some of the biggest clients to the various bourses

    regulators will never change the setup because the market operator5s will defend the practice - if a regulator cannot get broad industry agreement they wont ever go after the behaviour

    and lets face it - this is actually fairly orderly

    market rips have occurred many times - and its not like we bought sto without knowing this was in the cards.

    there have been endless warnigns from $10 down that it could play otu this way

    unfortunately - when shareholders dont know - and the boardsa are clueless - you gets stocks set up to be smashed

    wheras a good board - such as wpkl - rides through the downturn with far less upheaval

    but if you choose to buy or hold a stock with a negative 50/200 MACD - this is what can happen.
 
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Last
$7.37
Change
-0.070(0.94%)
Mkt cap ! $23.93B
Open High Low Value Volume
$7.45 $7.49 $7.37 $73.51M 9.917M

Buyers (Bids)

No. Vol. Price($)
2 51006 $7.37
 

Sellers (Offers)

Price($) Vol. No.
$7.39 11000 2
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Last trade - 16.10pm 23/08/2024 (20 minute delay) ?
STO (ASX) Chart
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