In my years of trading the stocks who have run the most on news are ones that don't release much news. Companies who go into a Trading Halt and you know its something big as they only go into Halts on big deals or great drilling results. Or on the flip side really bad news.
TON has been in so many Trading Halts and so much news over the last few months. 12-20 page announcements make no sense for the basic investor. We have graphite lots of it, large flake, Strategic Partners, Cash Flow... I can go on but don't need too, as you can see its over load.
The news could be great , but I think until we talk figures and start actually drilling and making money this could hang around 30 -50 for a while.
The news does not excite the market as I think most don't fully understand and a lot is repeated.
Not down ramping at all, just saying maybe Brad needs to make them more simple and spread them out a bit more.
GLA
Too much news is sometimes bad
Add TON (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
1.2¢ |
Change
-0.002(14.3%) |
Mkt cap ! $18.73M | |||
| Open | High | Low | Value | Volume |
| 1.2¢ | 1.2¢ | 1.2¢ | $420 | 35.03K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 145890 | 1.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.3¢ | 100000 | 1 |
View Market Depth
| Last trade - 15.00pm 29/05/2024 (20 minute delay) ? |
|
|||||
|
Last
1.2¢ |
Change
-0.002 ( 7.69 %) |
||||
| Open | High | Low | Volume | ||
| 1.2¢ | 1.2¢ | 1.2¢ | 83000 | ||
| Last updated 13.36pm 29/05/2024 ? | |||||
| TON (ASX) Chart |