A merchant arrived in a village and rented a large cage.
Then he advertised an offer of $10 each for live rabbits.
There were lots about so villagers set about trapping them and claiming their $10
A few days later there were less rabbits on the loose so he doubled the price to $20.
The villagers scrambled to find more rabbits to cash in.
Then he raised the price to $50.
Behind the scenes the village cage manager gathered some chosen villagers and said
"If I sell you the rabbits in the cage for $40 you can onsell them for an instant $10 profit."
In no time all the caged rabbits were sold.
And the merchant was never seen again.
That sir is how the stock market works.
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Last
$3.17 |
Change
-0.095(2.91%) |
Mkt cap ! $9.525B |
Open | High | Low | Value | Volume |
$3.19 | $3.20 | $3.14 | $23.61M | 7.368M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
43 | 334015 | $3.16 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$3.17 | 47411 | 20 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
49 | 339441 | 3.160 |
36 | 290887 | 3.150 |
24 | 217186 | 3.140 |
28 | 464869 | 3.130 |
21 | 214407 | 3.120 |
Price($) | Vol. | No. |
---|---|---|
3.170 | 38052 | 23 |
3.180 | 294715 | 34 |
3.190 | 241781 | 31 |
3.200 | 164840 | 22 |
3.210 | 168811 | 14 |
Last trade - 10.44am 28/06/2024 (20 minute delay) ? |
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