Could be right mate, I actually ended up buying a few more today (even though I’d planned not to until details of spin off announced).
My risk vs reward assessment couldn’t pass up sub 2.5c.
Honestly, the price in spec stocks can be manipulated so easily by those with modest funds. It’s why I try to ignore the movements and focus on the fundamentals. You go crazy trying to speculate why people buy/sell when there is no news.
This stock is notorious for big % changes on low volume.
IMO, Matt’s proven to be able to make deals and I’m going to be very surprised if the AB deal is crummy ....he also has no control over the SP.
If we do go sub 2c, it’s worth a crack even just based on potential cobalt/Lithium upside alone + zinc play.
Part of the thrill of investing in the spec sector
Cheyne
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Last
3.7¢ |
Change
0.003(8.82%) |
Mkt cap ! $22.88M |
Open | High | Low | Value | Volume |
3.5¢ | 4.0¢ | 3.4¢ | $191.6K | 5.032M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 115888 | 3.6¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
3.7¢ | 53009 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 83333 | 0.036 |
1 | 250000 | 0.035 |
2 | 900000 | 0.034 |
2 | 393485 | 0.033 |
1 | 46875 | 0.032 |
Price($) | Vol. | No. |
---|---|---|
0.039 | 258622 | 1 |
0.040 | 574000 | 3 |
0.041 | 322598 | 2 |
0.042 | 106515 | 2 |
0.043 | 23255 | 1 |
Last trade - 15.59pm 18/10/2024 (20 minute delay) ? |
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