So if you watched the opening this morning you would have seen that the Forces Of Darkness were prepared to sell STX as low as 0.19 cents in their quest for world domination. A single early opening shot from the FOD at 10.01 am before trading in STX opened, the usual cross trade of 0.2175, and then the weak effort from the boosters was countered by matching low Sell offers from the FOD in the pre-Open, down to 0.19.
Probably wouldn't have mattered if a much greater boost force had been applied [you have to actually hit the Buy button to make a difference, the Like button doesn't count]. Anyway, even if Owners had applied 10 times the booster thrust, i.e. buying pressure, the FOD would have just countered it. You can rant all you like, in another adjacent place, about incorrect analysts reports and calculations that say it 'should' be this number or that. Despite any notions of a fair and rational price, the Market's price right now, 300 trades later, is still exactly what the FOD says it's going to be. And that will continue until the FOD says otherwise. Nothing to do with logic or rationality or price discovery or fundamental analysis. At all.
Personally, my protest vote was matched out at 0.215, so I just lowered my average a little. Someone else can have a crack.
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Time for a new trend., page-68
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Last
20.5¢ |
Change
0.005(2.50%) |
Mkt cap ! $587.4M |
Open | High | Low | Value | Volume |
20.0¢ | 20.5¢ | 19.8¢ | $921.8K | 4.574M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
9 | 431071 | 20.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
20.5¢ | 1685893 | 27 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
9 | 431071 | 0.200 |
9 | 1172185 | 0.195 |
14 | 1108659 | 0.190 |
9 | 1039949 | 0.185 |
19 | 1826434 | 0.180 |
Price($) | Vol. | No. |
---|---|---|
0.205 | 1685893 | 27 |
0.210 | 975666 | 19 |
0.215 | 1406476 | 13 |
0.220 | 1095625 | 13 |
0.225 | 230238 | 6 |
Last trade - 16.10pm 17/09/2024 (20 minute delay) ? |
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STX (ASX) Chart |