I have the same feeling.
Yesterday, until 13:00, the SP was around $1.14, then it went up 12% out of no reason. The volume is no bigger than previous days.
May 13th -16th, SP was down to $1.01. Who would sell at this level?? Then Friday May 17th, SP went up to $1.55 in the morning with the positive announcement, but then quickly dropped back to $1.18. In mid June it even back to $1.10.
Where does the selling force come from? I don't think it's from normal individual investors.
I have the same feeling. Yesterday, until 13:00, the SP was...
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Last
$14.05 |
Change
-0.510(3.50%) |
Mkt cap ! $1.795B | |||
| Open | High | Low | Value | Volume |
| $14.38 | $14.42 | $13.94 | $6.419M | 454.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 500 | $13.99 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $14.07 | 6644 | 4 |
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| Last trade - 16.10pm 04/10/2024 (20 minute delay) ? |
| NEU (ASX) Chart |