ASX listed companies, typically outside of the ASX 300
DIVES trades (Damaging Impact Volumes Extremely Small) are widespread, occurring in over 70% of ASX300 to ASX1800 companies
Where a DIVES trade occurred, 73% of companies ended that day below their opening price (i.e. down day)
DIVES trades create negative trading momentum that often continues for the trading day, and in many instances in the subsequent trading periods
PYMC | Investor Relations | |
Approach | Direct, proactive | Indirect, seeks to influence potential investors |
Timing | Fast impact | Can take many months to see benefits |
Resource & time commitment | Low to nil | Medium to high |