I asked a legitimate question and I touched a nerve? Funny that.
I completely understand how companies are valued by the market, I have been investing and trading for years, and do handsomely at it. I am also an Accountant by trade and am conservative enough to know when a companies valuation is excessive.
Again I would like to know why White911 thinks the stock will be trading at a conservative 11c and over. I guess his response will be somewhat similar to yours, no? I hardly would call that investing, it's speculating.
As for why I am in ZLD? I purchased this before the hype got into it late last year at 3.5c after legalisation went through in Cali - on the back of real research and logic that this information hadn't 100% filtered into the Aus markets yet.
Profit Taking, page-95
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Last
28.0¢ |
Change
-0.040(12.5%) |
Mkt cap ! $3.177M | |||
| Open | High | Low | Value | Volume |
| 32.0¢ | 32.0¢ | 28.0¢ | $4.691K | 15.43K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 10000 | 28.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 30.5¢ | 833 | 1 |
View Market Depth
| Last trade - 15.58pm 28/06/2024 (20 minute delay) ? |
| ZLD (ASX) Chart |