People are just creating unrealistic expectations in this current market.
The bench mark, gold standard, greatest investors ever have returns of 20% a year over a long period. But yet people panic if you have a flat week or a declining month.
I think that social media has created an environment of FOMO, where if an investment is not "popping" you are missing out.
Regarding QPM, it is a LT dream, pre-revenue, growing into an expanding market, there will be challenges and moments when the SP declines or is stagnant for long periods. Also, there are other risks in terms of the speculative nature. But if you just forgot you own it and return in 3 years it will be worth more than a MC of 300 million. The unknown is if it will be worth 5%, 20%, 50% or more.
As always, DYOR and remember that the market will humble you from time to time.
QPM Chart, page-1639
Add QPM (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
3.3¢ |
Change
-0.001(2.94%) |
Mkt cap ! $83.18M | |||
| Open | High | Low | Value | Volume |
| 3.3¢ | 3.5¢ | 3.3¢ | $25.95K | 768.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 10 | 901738 | 3.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 3.4¢ | 149247 | 2 |
View Market Depth
| Last trade - 16.10pm 19/07/2024 (20 minute delay) ? |
| QPM (ASX) Chart |