This is purely speculation and not financial advice by any means, But here's an example of where i got impatient and sold.
Thinking a company was going to rocket on the news.
-HC Chart showing the 1.8c Price (You can see my comments in there)
-It was stagnant in that price for days you can see no movement
-I got impatient & sold
-They did a CR at a massive discount (Meanwhile SRN has done it at Premium)
Notice i was commenting around 1.8c, I was honestly getting sick of waiting and sold and i go back and look at it today... 6.6cents...
Not saying this will happen, with these plays takes alittle extra patience...
You have to remember those in the Capital Raise, Have more incentive to push it up (Because they literally just poured how much money into the CR) than to sell it down at a loss.
If they want to sell, they need it to be at much higher prices to slowly be able to sell it down.
That's just my opinion only and my interpretation of how i've seen stocks move.
-Anything can happen so this isn't financial advice by any means, purely speculation-
- Forums
- ASX - By Stock
- SRN
- Ann: Drilling to Commence
Ann: Drilling to Commence, page-20
-
- There are more pages in this discussion • 16 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add SRN (ASX) to my watchlist
(20min delay)
|
|||||
Last
0.5¢ |
Change
-0.001(9.09%) |
Mkt cap ! $9.931M |
Open | High | Low | Value | Volume |
0.5¢ | 0.5¢ | 0.5¢ | $1.25K | 250K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
57 | 42918240 | 0.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.6¢ | 12608764 | 12 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
57 | 42918240 | 0.005 |
19 | 12743097 | 0.004 |
8 | 6569008 | 0.003 |
7 | 8352500 | 0.002 |
7 | 12750000 | 0.001 |
Price($) | Vol. | No. |
---|---|---|
0.006 | 12608764 | 12 |
0.007 | 12617264 | 19 |
0.008 | 5596726 | 7 |
0.009 | 2782034 | 7 |
0.010 | 8571555 | 9 |
Last trade - 10.08am 21/10/2024 (20 minute delay) ? |
Featured News
SRN (ASX) Chart |
The Watchlist
LGP
LITTLE GREEN PHARMA LTD
Paul Long, Chief Executive Officer
Paul Long
Chief Executive Officer
SPONSORED BY The Market Online