I invest in illiquid micro caps globally and tax loss selling has been a common theme across the board over the last 1-4 weeks (exacerbated by large realized gains in large cap indexes). Seeing this in almost everything that is 20%+ off its highs. Can't be certain this is the case for recent pressure in DRX, but it would also be an unusual coincidence if not. I wouldn't be surprised if DRX had a lot of Asia-based investors (and North American of course - like myself).
Tough to know when tax loss harvesting ends. Sometimes its part way through December (aka Santa Claus Rally). Sometimes in January. Also depends on a stock-by-stock basis. But what typically happens is these stocks spring back to or above where they started.
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Last
2.6¢ |
Change
0.000(0.00%) |
Mkt cap ! $127.7M |
Open | High | Low | Value | Volume |
2.6¢ | 2.7¢ | 2.6¢ | $29.26K | 1.125M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 875078 | 2.6¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
2.7¢ | 3243883 | 4 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 675078 | 0.026 |
1 | 20200 | 0.025 |
2 | 213012 | 0.024 |
1 | 500000 | 0.022 |
1 | 200000 | 0.021 |
Price($) | Vol. | No. |
---|---|---|
0.027 | 3243883 | 4 |
0.028 | 1574596 | 4 |
0.029 | 1500000 | 1 |
0.030 | 2643000 | 4 |
0.031 | 3011250 | 2 |
Last trade - 15.33pm 16/08/2024 (20 minute delay) ? |
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