Probably should explain how DTE came to be on my watchlist.
The asx started heading south on 11 April. So what I did was look at best and worst performers since that period with a daily turnover of over 1M and then examine the ratio of each one.
This morning my computer tells me the ten worst performers were:
+-------+---------+
| code | change |
+-------+---------+
| ERA | -40.57% |
| WEC | -38.18% |
| GNS | -36.29% |
| AKM | -36.11% |
| GRY | -31.28% |
| SDL | -29.59% |
| DTE | -27.72% |
| RSG | -26.84% |
| FGL | -25.78% |
| RMS | -25.77% |
+-------+---------+
And the 10 best were
+-------+---------+
| code | change |
+-------+---------+
| POH | 17.86% |
| TEL | 17.69% |
| MSB | 15.28% |
| TSE | 12.69% |
| SIP | 10.29% |
| CPA | 8.14% |
| TLS | 5.63% |
| TAH | 5.62% |
| SEK | 4.81% |
| EQN | 4.43% |
+-------+---------+
Yesterday the worst had many more sellers with the exception of DTE which had plenty of buyers and GNS which was about even. There wasn't much interest in the 10 best - except for MSB, which has had strong buying support since I started this thread.