REH 2.78% $24.38 reece limited

Actions of a rogue quant-driven algo, methinks. One that is...

  1. 7,936 Posts.
    lightbulb Created with Sketch. 1554
    Actions of a rogue quant-driven algo, methinks.

    One that is programmed to kick in by software that is able to interpret certain "share price catalyst" text/phrases contained in company publications.

    Given REH's liquidity constraints the stock should have been excluded from the stock target universe by the algo's programmers.

    On more important matters, I thought this morning's announcement portends something reasonably meaningful about the company's future.
    What exactly that might be, I'm not quite sure yet, but I sense it is something not insignificant.
    Last edited by madamswer: 18/11/16
 
watchlist Created with Sketch. Add REH (ASX) to my watchlist
(20min delay)
Last
$24.38
Change
0.660(2.78%)
Mkt cap ! $18.39B
Open High Low Value Volume
$24.09 $24.38 $23.83 $11.28M 464.6K

Buyers (Bids)

No. Vol. Price($)
4 11498 $24.37
 

Sellers (Offers)

Price($) Vol. No.
$24.43 1975 3
View Market Depth
Last trade - 16.10pm 22/11/2024 (20 minute delay) ?
REH (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.