We are witnessing the usual Sell in May, come back in July.
Now for those who are trading in and out, well done. Outstanding!
Hold on to those pennies as the tax man is waiting for you in a couple of months to reduce the Nation expenditure deficit. The Tax Collector never misses it's prey, as the world is too small for you to hide!
For those of you who cannot sell due to many reasons, such as waiting for stock to reach 12 months for tax benefits, then do not concern yourself about the daily swings and merry go round.
This company has technology which is worth 500 million period.
Here is an example to help put into perspective your fears and expectations.
Oil company known as "Roger the Dodger" has just successfully drilled and found a new oil field province off the coast of Broome W.A.
It's been reported that this is a huge find, with at least 500 million barrels of oil, waiting on further testing results.
Now the market knows this new province is great news. Unfortunately, the sharks use this uncertainty to feast on the thousands of small fish swimming around with no idea but greed on their mind.
It's been reported that this field is good, but company needs to put a workable plan together before the company moves to the next stage.
This about sums up where SMN is at. We are waiting on management to close its first of many deals to substantiated it's share price and increase revenue leading to massive profits!
Fear is not knowing the outcome, as expectations
Feeds on the fear within ones mind.
Goodluck
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Last
55.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $75.54M |
Open | High | Low | Value | Volume |
55.0¢ | 55.5¢ | 54.0¢ | $23.03K | 41.93K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 10847 | 54.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
55.0¢ | 780 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 10847 | 0.540 |
2 | 9711 | 0.535 |
1 | 1300 | 0.530 |
3 | 24000 | 0.510 |
2 | 65250 | 0.505 |
Price($) | Vol. | No. |
---|---|---|
0.550 | 780 | 1 |
0.555 | 25750 | 1 |
0.560 | 49817 | 1 |
0.570 | 20000 | 1 |
0.585 | 25000 | 1 |
Last trade - 15.47pm 06/11/2024 (20 minute delay) ? |
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SMN (ASX) Chart |