TLG 0.88% 56.0¢ talga group ltd

30% in a day? Even when LKAB pulled out the worst we did was...

  1. 268 Posts.
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    30% in a day? Even when LKAB pulled out the worst we did was 18%. USA volume is about a 10th or a 30th of the ASX. It is very rare that what happens in USA has much effect on ASX, though there have been some standout examples. Sometimes USA happens to get wind of news before ASX, but this is also rare; news releases are almost always around 5-7pm Eastern US time (1700-1900), after markets have closed for the day.

    I am genuinely curious to what are you referring? a 3% drop friday, well within the bid-ask spread common to TLGRF?
 
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