Batcher1,
It was a great result and in my opinion should be trading at higher levels, but the simple fact is it isn't.
It is further evidence of what the market is about today and that is by the trade not the story.
People selling today could not give a continental about the grades and the like. They care about making money.
How else does one explain the shares trading back at 48c.
We can all argue the reason why it should be trading higher but at the end of the day if the stock is trading in the low forty's tomorrow all the commen sense logic aint going to push it higher.
If that was the case the stock would never have been trading at 20c in the first place two months ago.
tree shaking, page-63
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Last
1.6¢ |
Change
0.000(0.00%) |
Mkt cap ! $94.54M | |||
| Open | High | Low | Value | Volume |
| 1.6¢ | 1.7¢ | 1.6¢ | $103.2K | 6.451M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 13 | 9081373 | 1.6¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.7¢ | 14439068 | 19 |
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| Last trade - 16.10pm 15/08/2024 (20 minute delay) ? |
| BTR (ASX) Chart |