A good example of this is my holding in Hills, price went from open of 17.5cents per share down to 15 on write down announced. It then bounced back to finish higher than open at 18cents. Very humorous to watch retail just hand over shares to the party accumulating hills.
Undoubtedly this is being prepped for a similar outcome so the smart money can buy up on volume with out having to pay a fair price to get it from retail. At the end of the day we only have each other to blame for this as their are those that are just happy to hit the panic sell or set unreasonably tight stop losses.
Hang on to your shares people don't be a victim of the market is my opinion of the matter at hand!!!!
Write downs, page-83
Add MYX (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$4.98 |
Change
-0.130(2.54%) |
Mkt cap ! $423.6M | |||
| Open | High | Low | Value | Volume |
| $5.10 | $5.20 | $4.97 | $1.315M | 259.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 4996 | $4.98 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $5.03 | 1101 | 1 |
View Market Depth
| Last trade - 16.10pm 29/05/2024 (20 minute delay) ? |
|
|||||
|
Last
$4.98 |
Change
-0.130 ( 1.96 %) |
||||
| Open | High | Low | Volume | ||
| $5.03 | $5.20 | $4.97 | 52063 | ||
| Last updated 15.59pm 29/05/2024 ? | |||||
| MYX (ASX) Chart |