MIPS,
You're talking as though the people who regularly post on here make up the majority of the volumes traded in FAR. I have no doubt that plenty of people have topped up at 11c as per their claims but a $20k packet @ 0.11 = 180k shares. Considering daily volumes are regularly in the vicinity of 30m us at HC are just a drop in the ocean.
Sure there is plenty of positive sentiment on these boards but try as we might we can't stop standard trading behaviour, everyone is in it to make money and those with more at stake ('professional' and 'sophisticated' traders) are going to do what they can to maximise their profits.
Valuation Problem, page-54
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Last
45.5¢ |
Change
-0.005(1.09%) |
Mkt cap ! $42.50M | |||
| Open | High | Low | Value | Volume |
| 46.5¢ | 46.5¢ | 45.5¢ | $160.1K | 347.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 86870 | 45.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 47.0¢ | 121519 | 4 |
View Market Depth
| Last trade - 16.10pm 20/06/2024 (20 minute delay) ? |
| FAR (ASX) Chart |