Many thanks for updated Insights.
The key Q is whether CCP 50% fall in SP is a direct correlation to S&P 500s fall of 23%?
IMO, NO. Why? Falls are not directly linked in any way. CCP fall-as you point out-is more than 2 x S&P fall.
As I stated openly on HC, IMO there are 3 plausible explanations:
1. AFCA investigations (see AFCA website); and,
2. CCP SP going up was manipulated by Broker(s)*; and,
3. CCP SP going down was not manipulated.
* See Daily Trades for this period: e.g. large SP upward movements on extremely tin volumes-1, 2,5,10 etc shares.
Above are some reasons. There may well be others???
Many thanks for updated Insights.The key Q is whether CCP 50%...
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Last
$14.79 |
Change
0.180(1.23%) |
Mkt cap ! $1.006B | |||
| Open | High | Low | Value | Volume |
| $14.87 | $15.29 | $14.79 | $2.409M | 160.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 456 | $14.78 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $14.81 | 700 | 1 |
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| Last trade - 16.10pm 26/07/2024 (20 minute delay) ? |
| CCP (ASX) Chart |