Would people have stop losses triggered and the sell just happens automatically?
I would say the sentiment/morale of TLS as an investment is at an all time low right now. This artlce says TLS has dropped $8b from its market cap since August 9, but the article was written when the SP was $2.67, so we can take another 5cps off the market cap:
http://www.heraldsun.com.au/business/telstra-dips-again-in-cautious-trade/story-e6frfh4f-1225929108938
I read somewhere that TLS had a risk of falling down the index because of its losses. Does anyone have a link to current market caps of Australia's top companies? Thanks!
reason for sell off 2, page-4
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Last
$3.86 |
Change
-0.010(0.26%) |
Mkt cap ! $44.60B | |||
| Open | High | Low | Value | Volume |
| $3.86 | $3.88 | $3.86 | $44.18M | 11.43M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 66 | 811903 | $3.85 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.87 | 144537 | 7 |
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| Last trade - 16.10pm 11/10/2024 (20 minute delay) ? |
| TLS (ASX) Chart |