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
$20.68 |
Change
-0.100(0.48%) |
Mkt cap ! $2.643B | |||
| Open | High | Low | Value | Volume |
| $20.50 | $20.74 | $20.01 | $5.091M | 247.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 156 | $20.67 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $20.68 | 256 | 1 |
View Market Depth
| Last trade - 16.10pm 19/07/2024 (20 minute delay) ? |
| NEU (ASX) Chart |