If they didn't buy Quindell it just takes a bit longer to shows its flaw, the business model is not a good one.
Booking WIP as profit, buy more law firm to book more WIP, it is like a pyramid scheme.
Most investors don't have the skills to decipher the business model and its cash flow, they just go with broker report, recommendations from financial advisors, friends, rumour and a bit of gambling on the side.
The evidence are there as you see some of the investors up until dying day still want to put money into something that
going to die and even if it survives it not going to deliver them the return as the business model is flaws, to begin with.
In the stock market people sometimes blur the line between gambling and investing, they think buying shares is investing but they don't realise buying the wrong share is pure gambling.
Until they can make their own decision based on their own research and can Identify whether they are gambling or investing they just moving money in their pocket to better investors pocket
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Last
$50.77 |
Change
0.100(0.20%) |
Mkt cap ! $20.66B |
Open | High | Low | Value | Volume |
$50.48 | $50.80 | $50.01 | $16.23M | 321.3K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 2035 | $50.48 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$50.80 | 1523 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 105 | 50.050 |
1 | 445 | 50.010 |
6 | 1915 | 50.000 |
1 | 1 | 49.900 |
1 | 800 | 49.750 |
Price($) | Vol. | No. |
---|---|---|
50.820 | 983 | 1 |
51.000 | 210 | 1 |
51.080 | 978 | 1 |
51.740 | 390 | 1 |
51.950 | 210 | 1 |
Last trade - 16.10pm 11/07/2025 (20 minute delay) ? |
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VIRIDIS MINING AND MINERALS LIMITED
Rafael Moreno, CEO
Rafael Moreno
CEO
SPONSORED BY The Market Online