Work that out. Market needs evidence of new work to support SP movement. This morning am WOR provide announcement of new 'substantial' contract and SP sells off.
What do this that tell you? The market is a horse's "A".
Under what assumption can you sell this news off. Doesn't it confirm the SP increase, better times are ahead. Is it the big boys trying to shake the tree, to get out those of little faith and continue to increase their holdings.
I don't know but all it does it supports those that continue to short this stock.
Ann: Qatar Shell Awards EPCM Contract for Pearl GTL, page-4
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Last
$13.87 |
Change
0.120(0.87%) |
Mkt cap ! $7.649B | |||
| Open | High | Low | Value | Volume |
| $13.75 | $13.87 | $13.62 | $16.71M | 1.213M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 8268 | $13.86 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $13.87 | 4066 | 2 |
View Market Depth
| Last trade - 16.10pm 29/11/2024 (20 minute delay) ? |
| WOR (ASX) Chart |
