TRY 3.13% 15.5¢ troy resources limited

forced selling

  1. 3,666 Posts.
    Many investors of TRY have been scratching their heads, wondering why anyone has been selling.

    It is forced selling.

    Whilst TRY has tended to be a fairly illiquid stock for a company of its size, there has been buying recently. But there has also been selling in equal amounts.

    I am convinced that these disposals are involuntary, or at least, reluctant.

    Given that TRY is trading at lows not seen for many years, ANY SALE AT THE MOMENT IS A LOSS-MAKING SALE.

    Eventually these bears will be shaken out of their trees, and the buyers will overwhelm them.

    The weight of fundamental value will see to that.

 
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Last
15.5¢
Change
-0.005(3.13%)
Mkt cap ! $97.96M
Open High Low Value Volume
15.0¢ 15.5¢ 15.0¢ $367.1K 2.404M

Buyers (Bids)

No. Vol. Price($)
13 609828 15.0¢
 

Sellers (Offers)

Price($) Vol. No.
15.5¢ 153709 5
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Last trade - 16.10pm 20/10/2020 (20 minute delay) ?
(live)
Last
15.5¢
  Change
-0.005 ( 3.13 %)
Open High Low Volume
15.5¢ 15.5¢ 15.0¢ 217788
Last updated 15.04pm 20/10/2020 (live) ?
TRY (ASX) Chart
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