Share price - General Discussion, page-1516

First 1516 Last

Share
Profile

Follow
fumoyoda

2,830 Posts.

148

22/10/20

15:40

Post #: 48308482
Share

Originally posted by ChinaSyndrome: ↑

Long term prospects are undoubtedly bright. But if you think the DT's constantly milking the SP as it tries to grow only has a temporary effect you obviously don't have a clue as to Company financing. The damage done to the SP this week would translate into the company having to issue an extra 100m shares if it needed to do a CR; based on the loss of MC !..

We were well on the way to $4 by Christmas, we will now be lucky to make $3. DT's have effectively wiped $200M from our MC, and we have lost all of the momentum from the Coola announcement. Day trading is not harmless it has a cumulative effect. So don't come whinging about Dilution next time any Company you hold shares in has to do a CR !

A companies Shares Price is backed by its Fundamental metrics it therefore has a finite Value, it is NOT a Fiat instrument like a Currency eg US$ which is largely independent of any asset backing.

Expand

can you please stop this continual blaming day traders and bots ..
Best to post on the day tading thread and tell them to return the 200mill or else...instead of falsely accusing them behind their backs.
so stupid...

PM8 Price at posting: $1.38 Sentiment: Buy Disclosure: Held
8 Upvote

1 Great analysis

Reply

Top Stories

ASX Market Close: Climbing to 8,700s based on vibes wasn't sustainable

PSC

Prospect's Mumbezhi Project puts it at the middle of copper's megatrend. And FQM just bought in

PTX

This rare type of lymphoma ruins the body – so do existing treatments. Prescient could have a solution

Listen: HotCopper Wire Podcast 018 – Potatoes, TACOs, and the $120M helicopter heist

WA8

Warriedar aims for Ricciardo MRE upgrade on 'thick, high-grade' gold and antimony

First 1516 Last

Add to My Watchlist

What is My Watchlist?

A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.

Share price - General Discussion, page-1516

Top Stories

ASX Market Close: Climbing to 8,700s based on vibes wasn't sustainable

Prospect's Mumbezhi Project puts it at the middle of copper's megatrend. And FQM just bought in

This rare type of lymphoma ruins the body – so do existing treatments. Prescient could have a solution

Listen: HotCopper Wire Podcast 018 – Potatoes, TACOs, and the $120M helicopter heist

Warriedar aims for Ricciardo MRE upgrade on 'thick, high-grade' gold and antimony

Featured News