Hard to watch and be constructive. The buy up may have been a bit strong, so the selloff is a certainty. It is hard to see the red and the falling portfolio balance.
However, I view this share as the share that will keep giving. It is only worth 4.8 cents if I sell. If I don't sell then the share is worth potentially 10 times this plus. Do I need the money today or tomorrow? No. Then I don't sell and the shares are still potentially 10 times today's price.
And you must add that only 5 million has been traded. so there are buyers but they know that there are only a few of them.
LPD Chart, page-226
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 (20min delay)
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Last
0.3¢ |
Change
0.001(50.0%) |
Mkt cap ! $25.76M | |||
| Open | High | Low | Value | Volume |
| 0.3¢ | 0.3¢ | 0.3¢ | $2.709K | 1.070M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 34 | 36029522 | 0.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.3¢ | 51506696 | 43 |
View Market Depth
| Last trade - 16.10pm 18/09/2024 (20 minute delay) ? |
| LPD (ASX) Chart |