The routine seems to be RNS pushes SP up.
Next, when SP levels off the "Alphas" start the big fire sale.
Next panic sales by the "Betas" follow, driving SP down.
Finally, the Alphas buy back in, starting the slow recovery regaining 80% of the drop.
After that, wait for the next RNS and repeat.
It would be interesting if DW had a few Anns up his sleeve and released them just after the Alphas start the fire sale - that'd lern 'um - and bring a bit of stability with slow & sustained growth.
Just off to catch a few zzzzzzzzz's.
I love the Smell of Fear and Panic in the Morning, page-177
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Last
0.2¢ |
Change
0.000(0.00%) |
Mkt cap ! $57.86M | |||
| Open | High | Low | Value | Volume |
| 0.2¢ | 0.2¢ | 0.2¢ | $18.17K | 9.336M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 369 | 998475227 | 0.1¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.2¢ | 94432881 | 22 |
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| Last trade - 16.10pm 14/11/2024 (20 minute delay) ? |
| 88E (ASX) Chart |