Australian (ASX) Stock Market Forum

What's happening post-market auction on March 18th?

skc

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Quite a few stocks finished well below the days range/last trade before auction - on very heavy volume.

MCC - Last trade $11.71, Closed $11.48 (-2%)
WHC - Last trade $6.93, Closed $6.79 (-2%)
PTM - Last trade $4.68, Closed $4.46 (-4.7%)
RHC - Last trade $17.24, Closed $16.5 (-4.3%)
LYC - Last trade $1.96, Closed $1.92 (-2%)
...

Any explanations?
 
Re: What's happening post-market auction on 18 March?

Quite a few stocks finished well below the days range/last trade before auction - on very heavy volume.

MCC - Last trade $11.71, Closed $11.48 (-2%)
WHC - Last trade $6.93, Closed $6.79 (-2%)
PTM - Last trade $4.68, Closed $4.46 (-4.7%)
RHC - Last trade $17.24, Closed $16.5 (-4.3%)
LYC - Last trade $1.96, Closed $1.92 (-2%)
...

Any explanations?

S&P Rebals.

Nothing really added or deleted this year. Prob just hedge funds shifting money into volume.
 
Re: What's happening post-market auction on 18 March?

S&P Rebals.

Nothing really added or deleted this year. Prob just hedge funds shifting money into volume.

Making the most of what upside they can.
Better opportunities later.
 
Re: What's happening post-market auction on 18 March?

S&P Rebals.

Nothing really added or deleted this year. Prob just hedge funds shifting money into volume.

I wish they'd tell me earlier I would like some RHC at $16.5.
 
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