" Anybody who was expecting much more than 1 million barrels of clearly didn't understand how reserves certification works. Which is understandable for the retail investors, but the brokers and so-called sophisticated investors should have known better. "
That is very important and true statement .
Unfortunately brokers and sophs unload onto retail and continue to over estimate the potential value of companies and their projects .
I say hooray for Hot Copper .
And as an aside I would like to see one of these vey fine Chartists we have , to show , on a chart , how this price drop occurred and how it could be forecast . So far I have only seen the upside versions . Perhaps Feehold would like to comment . It is a reminder to me of the need to take profits ( if you are in fact a trader ) and that the market is emotional and greedy .
Should be a bottom Monday by my bum chart .
I am going to be concerned about a major correction/downturn in markets for as long it takes to happen . Hence I am very much short term on many stocks no matte how much I like the story .
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ann out 2.1m recoverable, page-90
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Last
5.0¢ |
Change
0.001(2.04%) |
Mkt cap ! $36.26M |
Open | High | Low | Value | Volume |
5.0¢ | 5.0¢ | 5.0¢ | $5.381K | 107.6K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 142379 | 5.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
5.1¢ | 5 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 142379 | 0.050 |
1 | 333765 | 0.049 |
3 | 50520 | 0.048 |
1 | 212787 | 0.047 |
1 | 232581 | 0.043 |
Price($) | Vol. | No. |
---|---|---|
0.051 | 5 | 1 |
0.052 | 58430 | 1 |
0.053 | 299892 | 1 |
0.054 | 96556 | 1 |
0.056 | 19995 | 1 |
Last trade - 15.11pm 05/09/2024 (20 minute delay) ? |
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CTP (ASX) Chart |