What's going on???

[Snakey]

A lot of blue chip in pre open up 30%
wpl $82
wbc $28
bhp $58

 

[Sean K]

Re: Whats going on???

A lot of blue chip in pre open up 30%
wpl $82
wbc $28
bhp $58

Must be an options expiry day.

 

[Snakey]

Re: Whats going on???

Is this this an error on behalf of ASX??
there seems to be no reason for this in news or other

 

[agro]

Re: Whats going on???

when i got on comsec this morning i was like

"whoooo hooo FMG to open at 14.26 + 30%"


but then i got on comsec chat and said "this has to be a mistake"

and people agreed

and now i am like ""

 

[combankau]

Re: Whats going on???

all will disappear before market open

 

[professor_frink]

Re: Whats going on???

Must be an options expiry day.

close. Futures.

 

[Snakey]

Re: Whats going on???

pre open prices not falling as they should maybe sell order arent registering can anyone confirm this?

 

[PhoenixXx]

Re: Whats going on???

Is today going to be a day to remember?
This person/institution must have $billion to play this game?
Or some offshore investments? SWF maybe?

 

[ice]

Re: Whats going on???

SPI expiry.
Prices will settle back to normal levels on the open.

ice

 

[Snakey]

Re: Whats going on???

Has somebody hacked the ASX? WOW settling down now gee nearly gave myself a heart attack

 

[PhoenixXx]

Re: Whats going on???

I was hoping that the SPI expiry would only be on the 'buy' side with that huge volume of buying order
But now 'selling' side is rather busy as well...

 

[Neutral]

Just seemed like a lot of 'window dressing' which is nothing unusual no?