The problem with the modern day "investor" is failure to appreciate the difference between how news is fed to us and the time it takes for these things to actually play out.
Its a bit like going to the gym.
We all want to be fit and huge after just one session and even as technology changes and most things are attained instantly, your body will only change after a great deal of time and effort.
Same with the market.
News flow and technology has turned everyone into daytraders and the "new" long term investor is about 6 months.
Despite already taking what feels like forever, this still has another year or so to play out.
Yes, todays news was extremely important and so beneficial for our story going forward but for those expecting 10c in 10 minutes you will be left wanting.
The bigger, smarter money will be queuing up over the next week or so and nibbling away at the impatient, bored sellers as they move out and on to the next promised million.
Hang in there for another 6 to 12 months however and all that hard work in the gym will pay off.
Gottarealisehowitworks...
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Last
49.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $45.28M |
Open | High | Low | Value | Volume |
49.0¢ | 49.0¢ | 49.0¢ | $10.77K | 21.98K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 14178 | 49.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
50.0¢ | 20000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 14178 | 0.490 |
2 | 30000 | 0.485 |
4 | 87930 | 0.480 |
2 | 70000 | 0.475 |
2 | 78150 | 0.470 |
Price($) | Vol. | No. |
---|---|---|
0.505 | 10000 | 1 |
0.510 | 129688 | 3 |
0.515 | 2239 | 1 |
0.520 | 79910 | 2 |
0.525 | 30000 | 1 |
Last trade - 12.19pm 25/07/2024 (20 minute delay) ? |
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