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when do we run out of willing sellers, page-14

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Stiltskin

932 Posts.

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22/03/16

15:32

Post #: 17338023
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Originally posted by pavbar75 ↑

I was certain you had, Rumpel, and if you say you haven't, then you haven't, and my apologies for that.

It doesn't change the main point of my post though. We can widen my scope to include other small caps TON (although this is a "no-cap" now), LMB (HXG). VXL (except for the front runner SYR, but they can't be considered small cap), and then widen it again to include non-graphite companies. The market has been pushed down for resources for quite some time, and that even includes the real big boys (RIO, BHP, etc), and my point from the above is that if we have managed to stay trading, not lose any further sp (relative to most other companies in the resource space), and be sitting in a holding pattern in a wider resource malaise, then that is actually a good outcome.

Of course, it's not the best outcome, and I concede that entirely. I personally wish the sp remained multiples higher than it currently is, but I'm comfortable with a temporarily stagnant sp while others are drifting down, even if it encourages the sort of people who come out during a full moon to make throwaway lines about "no positive impact on the sp" with no effort to actually draw a comparison or put it into context.

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It's the 2nd time you have made the same accusation so I can't put any stock in yet another hollow apology.
Why do you keep cross referencing other stocks on this thread?

KNL Price at posting: 16.0¢ Sentiment: None Disclosure: Not Held
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(20min delay)
Last 9.0¢		Change -0.001(1.10%)		Mkt cap ! $40.86M

Open	High	Low	Value	Volume
9.1¢	9.2¢	9.0¢	$15.81K	175.2K

Buyers (Bids)

No.	Vol.	Price($)
3	83968	8.9¢

Sellers (Offers)

Price($)	Vol.	No.
9.0¢	124578	1

View Market Depth

No.	Vol.	Price($)
3	83968	0.089
4	194090	0.088
2	19505	0.087
1	30000	0.086
1	10000	0.085

Price($)	Vol.	No.
0.090	124578	1
0.094	50000	1
0.095	50000	1
0.099	58000	2
0.100	278957	6

Last trade - 15.08pm 04/10/2024 (20 minute delay)

EGR (ASX) Chart

when do we run out of willing sellers, page-14

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Solstice Minerals to ramp up drilling campaign at Yarri Gold Project

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White Cliff jumps 24% on 'bonanza grade' copper rock chips at Rae project, Canada

Recce eyes Indonesia for novel anti-infective as Indo-Aus ties grow stronger

Coda Minerals (ASX:COD) enters rights issue to further exploration in South Australia

Actinogen Medical ramps up Alzheimer’s treatment trials, targeting fast-track global approvals

Cokal upgrades infrastructure for BBM ramp-up in Indonesia

BCI reaches close of funding facility for salt-first part of Mardie project

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when do we run out of willing sellers, page-14

Top Stories

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Solstice Minerals to ramp up drilling campaign at Yarri Gold Project

Buxton projects new graphite province discovery at WA Narryer play

Neurotech knocked back by FDA as agency declares target condition not rare enough for special status

White Cliff jumps 24% on 'bonanza grade' copper rock chips at Rae project, Canada

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Coda Minerals (ASX:COD) enters rights issue to further exploration in South Australia

Actinogen Medical ramps up Alzheimer’s treatment trials, targeting fast-track global approvals

Cokal upgrades infrastructure for BBM ramp-up in Indonesia

BCI reaches close of funding facility for salt-first part of Mardie project

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News