I think there will always be traders. There were a large number of shares released and bought on market below 3 cents down to the lastCR of 2.5 cents.
Some of those people will take a profit out of the market when it is there. With commodities where they are that seems to be a strategy many investors follow.
I am not experienced enough to trade. So am in long term.
Trading short or long term is a strategy up to the individual. I consider the short termers parasites that constantly bleed the market dry. But that's the system. No such thing as perfection here.
You can only hope that when the shares run up these leeches don't hold stock and miss out on the real dollars.
I have read that most short term traders lose. So maybe we can take heart that long term with a large holding is the best strategy.
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Last
0.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $14.68M |
Open | High | Low | Value | Volume |
0.5¢ | 0.5¢ | 0.5¢ | $7.003K | 1.556M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
12 | 40913831 | 0.4¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.5¢ | 36951135 | 17 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
12 | 40913831 | 0.004 |
35 | 50907970 | 0.003 |
51 | 156396974 | 0.002 |
14 | 91099981 | 0.001 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.005 | 36951135 | 17 |
0.006 | 35594431 | 26 |
0.007 | 12620117 | 9 |
0.008 | 15748969 | 10 |
0.009 | 10522302 | 7 |
Last trade - 14.01pm 10/09/2024 (20 minute delay) ? |
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HLX (ASX) Chart |