The market is alwatys right
But
IMO Australian investors are such muppets
Does anyone look at where stock was trading with good volumes in US overnight BEFORE major news after market of AG Jeff Sessions being fired - he was key anti drugs voice and is gone. Not that hemp is a drug but it is scheduled federally as such today.
It is hard to imagine US stocks in the space not being higher tomorrow - and EXL already trades at a huge discount to Charloettes Web the competitor.
The real reason I suspect is they bought lower, selling now without any thought of what the stock could really be valued at ???
Maybe the Australian investors and right and US investors are wrong on valuation but I know one thing, they can't both be right given massive difference in valuations
The market is alwatys rightButIMO Australian investors are such...
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Last
0.4¢ |
Change
-0.002(33.3%) |
Mkt cap ! $6.605M | |||
| Open | High | Low | Value | Volume |
| 0.4¢ | 0.5¢ | 0.4¢ | $2.103K | 475.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 17 | 7670493 | 0.4¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.5¢ | 924824 | 4 |
View Market Depth
| Last trade - 14.04pm 29/11/2024 (20 minute delay) ? |
| EXL (ASX) Chart |
