Correct me if I am wrong but my reasoning is this;
- a 20% drop yesterday was driven by the bad news and panic
- when people realised DOW isn't going down to $3.00 or sub-3 they started piling up on the B-side;
- the B-side has not changed since
- it's a fairly red day today but DOW got adjusted to kennethgalbraith's prediction (a formula used by many);
- the B-side is still strong;
- the volume is well above average
- all the bad news is out
- we even know now in case of any CR in the future that the shareholders will be looked after
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TOTAL - this should be the rock bottom.
(My LT average is just under $5.00 however I will be trading 10K-50K lots of units whenever an opportunity presents itself - as it did yesterday and today)
Correct me if I am wrong but my reasoning is this;- a 20% drop...
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 (20min delay)
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Last
$5.71 |
Change
-0.050(0.87%) |
Mkt cap ! $3.626B | |||
| Open | High | Low | Value | Volume |
| $5.82 | $5.85 | $5.71 | $3.075M | 533.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 23129 | $5.71 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $5.76 | 1925 | 2 |
View Market Depth
| Last trade - 16.10pm 08/11/2024 (20 minute delay) ? |
| DOW (ASX) Chart |
