agree. a buyer is a buyer. the selling pressure has been serious in a stock this thin. That looks to have settled down some what. Most companies have experienced a similar outcome. The most obvious outcome in this market has to be the serious lack of fundamentals attributed to stocks of all classes. The longer run will see a return to normality. We have seen some good bounces in stocks since the ban on naked short selling. The overall market has been beaten down by the bears, bad results and rumors for a long time and it was wrecking the market. Typically, an end to this market turmoil we see a healthy run and a return to fundamentals in the future. There is a monster amount of cash on the side lines, so it will be fun when it comes. oex has a valuation of $3.40 and is currently trading in the low 60c range. This is hardly even close to the fundum's. The current well in Oman has some real promise short term, so lets see what happens. dyor.
- Forums
- ASX - By Stock
- SYN
- gann45.. can you post something original
gann45.. can you post something original, page-16
Featured News
Add SYN (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
ACW
ACTINOGEN MEDICAL LIMITED
Will Souter, CFO
Will Souter
CFO
Previous Video
Next Video
SPONSORED BY The Market Online