People have to sell for a plethora of reasons. In this market the likely story would be margin calls on other stocks or investors throwing their hands in the air having had enough of the market in general.
Keep in mind we just had a cap raising at 2.5c so it is natural gravity.
It looks like Germany wants to take the Eurozone and the world to the brink before requesting sovereign rule over club med. They are playing a dangerous game but at the end of the day they want more power and they will get it too.
Looks like we have a few months of pain ahead but the bond buyers are trying to speed things up by not stepping up to the BUND plate.
SMA is in the right space, has the right tools, you just need to let it to play out.
People have to sell for a plethora of reasons. In this market...
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Last
13.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $21.99M | |||
| Open | High | Low | Value | Volume |
| 12.5¢ | 13.0¢ | 12.5¢ | $7.479K | 58.22K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 68220 | 12.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 15.0¢ | 5000 | 1 |
View Market Depth
| Last trade - 15.31pm 05/11/2024 (20 minute delay) ? |
| ODA (ASX) Chart |