Just possible that because of WOW good profit results, WOW has been rerated from hold to buy.
The giant Wholesale Fund managers have decided to increase the weight for WOW and reduce the weight for WPL.
They have been buying up WOW and selling WPL for a few days and have almost completed their new Asset allocations.
So they placed the 2min shakeouts trade to lift WOW and depress WPL to give those stock some momemtum move in their FA predicted direction.
The objective is to outperform the fund perfomance measure at the end of month.
shakeout, page-41
-
- There are more pages in this discussion • 8 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add LYC (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$5.86 |
Change
-0.165(2.74%) |
Mkt cap ! $5.547B | |||
| Open | High | Low | Value | Volume |
| $5.80 | $5.96 | $5.76 | $19.04M | 3.239M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 39 | 70145 | $5.85 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $5.86 | 14850 | 36 |
View Market Depth
| Last trade - 12.06pm 24/07/2024 (20 minute delay) ? |
| LYC (ASX) Chart |