I don't think any of this share price stuff is of any consequence for medium to long term investors, SP could drop significantly but the company is still looking good, it's just another opportunity to buy discount shares. None of this matters until production and revenue start. If you believe in the company, then the cheaper the shares the better!
Until then this is a day /penny stock traders dream, they know it's a great stock and that it will always head north if things keep progressing with the company as they are. Short the stock, buy low, make loads of cash in a short time when it heads north again. Short it again, buy low, sell higher repeat..
If you believe in the company, don't worry about the SP until it's actually up and running and making money!
I'm fairly new to this, but that is the jist I'm getting. Am I missing something? Feel free to educate me
clq price rise, page-107
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Last
27.5¢ |
Change
0.005(1.85%) |
Mkt cap ! $24.81M | |||
| Open | High | Low | Value | Volume |
| 27.0¢ | 29.5¢ | 27.0¢ | $34.01K | 119.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 35710 | 27.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 30.0¢ | 5937 | 2 |
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| Last trade - 16.10pm 15/11/2024 (20 minute delay) ? |
| SRL (ASX) Chart |