We all know about the 201,900 @ $11.00 trade in after hours trading off Dendreon at 6.14pm.
My question is. The stock was trading at $35.28 at 5.08pm, how does it jump down to $11.00 with one trade. If someone had 200K of shares to sell, why not sell them at $35 a share?
Forgive me if I am sounding naive but I just don't quite get it.
Would appreciate it if someone more knowledgeable could explain.
Thanks
Dakook
the infamous dndn after hours trade....
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 (20min delay)
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Last
30.8¢ |
Change
0.008(2.50%) |
Mkt cap ! $443.0M | |||
| Open | High | Low | Value | Volume |
| 30.5¢ | 31.3¢ | 30.0¢ | $384.5K | 1.256M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 18 | 99781 | 30.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 31.0¢ | 171824 | 13 |
View Market Depth
| Last trade - 12.05pm 09/08/2024 (20 minute delay) ? |
| IMM (ASX) Chart |