Mate once all the hand-wringers realise that the share placement effect- if any- will be fleetingly transient at most the SP won't be able to help itself.
A Purcell said in the webinar they were committed 'to letting the SP have its head' and I believe it will be hard to contain by anyone at certain points.
The potential is just too monstruous to ignore and there are soooo many people/ entities watching hour by hour. FOMO of not taking a slice of the action both in the ultra-short and medi-near term will be absoliutely irresistable to people.
Volatility will be part of the furniture as the SP trend sorts itself out but some monster volume days (cash is confidence) loom in my opinion. GLTAH
Don't Sell Your Shares Cheap, page-216
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Last
3.1¢ |
Change
-0.002(6.06%) |
Mkt cap ! $104.4M | |||
| Open | High | Low | Value | Volume |
| 3.4¢ | 3.4¢ | 3.0¢ | $165.0K | 5.194M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 18 | 1439331 | 3.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 3.1¢ | 39999 | 1 |
View Market Depth
| Last trade - 16.10pm 09/10/2024 (20 minute delay) ? |
| MAY (ASX) Chart |