Chief. I don't think they would wait back at 6. IF I was a trader I would sell roughly a third at 10.5, then be at 9.7 (that's a quick 8% profit, which on $100k is $8k for a trade). I would then sit a secondary offer behind at 12.5, with a pick-up back at 10.5 (and so on). It improves your average that way, and banks profits as you go. Not silly.
Kit
Ann: First Appraisal Well Update, page-505
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Last
2.2¢ |
Change
-0.001(4.35%) |
Mkt cap ! $74.14M | |||
| Open | High | Low | Value | Volume |
| 2.4¢ | 2.4¢ | 2.1¢ | $444.7K | 19.98M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 2048367 | 2.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 2.3¢ | 1402823 | 5 |
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| Last trade - 16.10pm 12/07/2024 (20 minute delay) ? |
| MAY (ASX) Chart |