If this was the case I don't think the SP would be 13cps.
Much more to this story than you have indicated in your post.
I like IJ posts as well.
They are certainly a good entertaining reminder of how a certain mindset gets, as he said, "dumb founded" about a companies SP.
I am not so sure referring to the markets as stupid or senseless when the SP does not agree with your own view of the company could be considered objective though.
BRL Chart, page-276
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Last
71.5¢ |
Change
0.015(2.14%) |
Mkt cap ! $136.8M | |||
| Open | High | Low | Value | Volume |
| 71.0¢ | 72.0¢ | 71.0¢ | $23.08K | 32.26K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 25750 | 71.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 72.0¢ | 19190 | 1 |
View Market Depth
| Last trade - 15.51pm 09/08/2024 (20 minute delay) ? |
| BRL (ASX) Chart |