"Since yesterday (100K units was in play) whoever traded it;
- best case scenario - loss - $4,000
- worst case scenario - loss or they are down (if they have not sold it today) - $9,000"
regularASX,
I think you refering to me, and i am wondering how did you come up with the above caluclations!!!
FYI, i traded ELD many times both yesterday and today, so basically you know about one transaction only!
Yesterday my last transaction was buying at 44.5c and i decided to her hold overnight (i made a mistake lol) and it went down so i had to sell early morning at 41.5c (this was $3000 loss which is better than your best case scenario !!!).
To sum up, day traders can buy/sell the same share few times during one trading session hence trading volume can be very deceptive sometimes.
By the way, i have not lost money trading ELD so far! and i will coninue trading it as long as it has the big trading volume and the high volatility!
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Last
$8.56 |
Change
-0.260(2.95%) |
Mkt cap ! $1.352B |
Open | High | Low | Value | Volume |
$8.79 | $8.82 | $8.56 | $3.059M | 354.9K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 4938 | $8.56 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$8.62 | 1927 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 3768 | 8.560 |
1 | 47 | 8.550 |
2 | 1028 | 8.520 |
2 | 2277 | 8.510 |
3 | 1247 | 8.500 |
Price($) | Vol. | No. |
---|---|---|
8.690 | 748 | 1 |
8.800 | 683 | 1 |
8.830 | 340 | 1 |
8.900 | 240 | 1 |
8.990 | 3945 | 1 |
Last trade - 16.10pm 27/09/2024 (20 minute delay) ? |
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ELD (ASX) Chart |