good post CPDLC, I would say that you have hit the nail on the head. This is exactly what is happening. Fund is being forced to sell to meet redemptions regardless of share valuation. More cashed up fund is benefiting from selldown.
This is the disadvantage of having the share register tightly held by a few institutional investors. Works well when markets are rising but against you when markets are falling.
von.
good post CPDLC, I would say that you have hit the nail on the...
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Last
$32.80 |
Change
-0.260(0.79%) |
Mkt cap ! $7.816B | |||
| Open | High | Low | Value | Volume |
| $33.10 | $33.10 | $32.37 | $72.85M | 2.183M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1535 | $32.78 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $32.80 | 150 | 1 |
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| Last trade - 16.10pm 21/06/2024 (20 minute delay) ? |
| ALD (ASX) Chart |