Because they aren’t idiots?
let’s say we are at $50 and the market regards Neu as mature.
If they hold 50k, 100k, or 200k of shares, and using their personal education see it as a 10% - 20% loss event. They’d be pretty silly to just cop a $2 million loss.
mature investments don’t just bounce back 20%
Share Price, page-8959
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Last
$15.27 |
Change
0.920(6.41%) |
Mkt cap ! $1.951B | |||
| Open | High | Low | Value | Volume |
| $14.35 | $15.27 | $14.35 | $8.720M | 579.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1000 | $15.25 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $15.27 | 3638 | 4 |
View Market Depth
| Last trade - 16.10pm 27/09/2024 (20 minute delay) ? |
| NEU (ASX) Chart |