aaa53, you wrote "The large selling volumes which drove the price down were interesting. Why ?? It was Either large number of short term buyers who were forced to clear their positions regardless of price/loss. OR Organised selling to drive the market price down and then allow volume buying at lower prices . The latter only makes sense to me , if the organised selling and then required buying were between related or "friendly" teams . As such the SELL created LOSSES in one organisation and allowed for future profits in another."
*** I am not fully understand why would anyone/organisation would want to sell to make a LOSS. Could you please enlighten me on this? Many thanks.
aaa53, you wrote "The large selling volumes which drove the...
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Last
$8.39 |
Change
-0.220(2.56%) |
Mkt cap ! $7.848B | |||
| Open | High | Low | Value | Volume |
| $8.46 | $8.63 | $8.34 | $30.33M | 3.601M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 4000 | $8.38 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $8.40 | 5422 | 2 |
View Market Depth
| Last trade - 16.10pm 01/07/2025 (20 minute delay) ? |
| LYC (ASX) Chart |