The reason someone is constantly pitching 25-30c as the best possible outcome is more an indication of their psychological state. That person is either:
- because they went in too hard last year and could not stomach the volatility associated with cutting edge R&D projects. A small setback technologically leads to a massive setback in short-term share price. They realised a loss and now want the future to justify that decision to sell.
- in a HotCopper first, attempting to down ramp utilising reverse psychology. Again, motivated by personal bitterness from failure to match their emotional needs with their position size.
You don't park a $30,000 car in a $1,000,000 garage.
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Open | High | Low | Value | Volume |
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No. | Vol. | Price($) |
---|---|---|
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Price($) | Vol. | No. |
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9 | 1358826 | 0.081 |
9 | 510660 | 0.080 |
6 | 341061 | 0.079 |
10 | 594288 | 0.078 |
Price($) | Vol. | No. |
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0.085 | 100000 | 1 |
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