You have to admire the way the market works, always straight upright and clean.
On Monday 2 June the market climbed to a high of $6.14 on a turnover of 321k shares - in the process no doubt bringing a fair number of hopeful buyers in seeing this mini run up in the sp.
Then guess what, our crystal pure and non manipulated MSB market - with no announcements whatsoever crashed the very next day (337k) and the following day (today 235k)to reach a low of $4.53. All genuine buyers from Monday are now around 5% to 8% underwater in two days!!!!!!
Analyse that Adam.
Oh I know ......it's just the deeply complex under-lying market matrix as a whole changing it's mind twice in 24 hours, and what happened on Monday was just a blip (321k shares).
Those Monday buyers have got a very expensive lesson that LT posters have been trying to tell them for a long time. But don't worry, according to Adam you're not getting screwed - it just feels that way.
Meanwhile on the buy side accumulation is back to work.
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- the market is clean...what?
the market is clean...what?
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Last
95.0¢ |
Change
0.025(2.70%) |
Mkt cap ! $1.084B |
Open | High | Low | Value | Volume |
94.0¢ | 96.8¢ | 93.5¢ | $4.207M | 4.417M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 42268 | 94.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
95.0¢ | 48002 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 41000 | 0.940 |
4 | 39720 | 0.935 |
1 | 20000 | 0.930 |
6 | 60000 | 0.925 |
2 | 431086 | 0.920 |
Price($) | Vol. | No. |
---|---|---|
0.950 | 30347 | 2 |
0.955 | 20000 | 1 |
0.960 | 47000 | 2 |
0.965 | 35223 | 3 |
0.970 | 259286 | 4 |
Last trade - 16.10pm 09/08/2024 (20 minute delay) ? |
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MSB (ASX) Chart |