i agree that people sold of grace being a non event, and the fact they hold all the cards there. may be there is a pair of two's. so they have backed the twos.
so i feel if its a duster. we may see a drop. but more
i feel some feeling of moving on.
i dot have to say the obvious about the price value. people know it they just feel it will go down more. that is the rot that sets in when you just follow the price. its a chain reaction not based on any logic.
in fact since the share was high the only activity was drilling grace. and we are down 50% on no news good or bad.
so the no news was taken to be 50% negative. as i said no logic in it. But that is the share market as we know.
why buy kar now ?, page-21
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Last
$1.46 |
Change
-0.065(4.26%) |
Mkt cap ! $1.160B | |||
| Open | High | Low | Value | Volume |
| $1.51 | $1.52 | $1.45 | $15.96M | 10.84M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 45 | $1.46 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.47 | 119063 | 3 |
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| Last trade - 16.10pm 27/09/2024 (20 minute delay) ? |
| KAR (ASX) Chart |