SGH 1.80% 85.0¢ slater & gordon limited

What an exciting start in today's sales yard!, page-2

  1. 4,679 Posts.
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    What are you talking about Clobber?

    Have you seen the daily settlements report? Have you seen court filings for the previous day?

    This is a forum about a business so let's talk about its business. I'm fairly sure you don't wake up in a morning and say "damn my house value hasn't budged since last night"

    Theoretically a share price should not move until there is an announcement. Obviously in practice it is not the case due to random walks; however, theoretically a piece of information is received and the market immediately adds to all other bits of information and finds a fair value for the company. That fair value remains until some other bit of meaningful information tilts the balance one way or the other.

    In a perfectly rational market share prices would stay dormant for long periods then move considerably higher or lower in one swoop in response to new-news, followed by another period of dormant.
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Mkt cap ! $118.2M
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84.0¢ 85.0¢ 83.5¢ $10.23K 12.17K

Buyers (Bids)

No. Vol. Price($)
1 215 83.5¢

Sellers (Offers)

Price($) Vol. No.
84.5¢ 1500 1
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