Worst chart on ASX?, page-4

First 4 Last

Share
Profile

Follow
Sharetrader78

14,405 Posts.

2168

30/06/23

11:25

Post #: 68551049
Share

Originally posted by Flexitime: ↑

Is POD the worst chart on the ASX? It would have to be up there. From April of 2022 to now it has fallen 90%. That alone does not make it incredible as many others have also fallen similar %s but the straightness of the chart line is remarkable. Apart from a brief period in July 22 and again in Jan 23 it has not been able to have any significant bounce. Usually when a stock falls so aggressively it has decent bounces along the way. Not POD. And now we are about to break down through 6c.
In this time there has been 3, maybe 4 cap raises. All at lower and lower prices. It will be hard for them to get another cap raise away given how the previous ones have gone.
Strangely the project still has merit and they may indeed have a decent resource but it is hard to see how this turns around.
I love the POD story and I hope for the long suffering shareholders (and MD who seems a good guy) this can recover and that FY24 brings some good news.

Expand

Yeah ....has to be one of the most unloved resources sector on the ASX micro-cap PGM explorer - developers like POD -FME

certainly been affected by Tax loss selling last couple months ....

POD Price at posting: 5.9¢ Sentiment: Buy Disclosure: Held
1 Upvote

0 Great analysis

Reply

Top Stories

BPH

Australia’s gas crisis is here – and dying coal plants aren’t helping

AII

NATO’s 5% target: Why Almonty Industries’ mega mine and NASDAQ listing are a perfect fit for investors

Week 26 Wrap: Renewable gas fantasies; RBA July cut hope builds; copper's August peak?

Listen: HotCopper Wire Podcast 015 – Yeah, we're thinking the IPO market is back

ASX Market Open: Oz shares to see out tumultuous FY24-25 with green day | June 30

First 4 Last

Add to My Watchlist

What is My Watchlist?

A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.

(20min delay)
Last 4.4¢		Change 0.005(12.8%)		Mkt cap ! $34.97M

Open	High	Low	Value	Volume
4.3¢	4.7¢	4.1¢	$366.2K	8.282M

Buyers (Bids)

No.	Vol.	Price($)
2	64065	4.4¢

Sellers (Offers)

Price($)	Vol.	No.
4.6¢	689284	3

View Market Depth

No.	Vol.	Price($)
1	52065	0.044
3	418452	0.042
2	230000	0.041
4	370000	0.040
1	25615	0.039

Price($)	Vol.	No.
0.046	689284	3
0.047	27869	2
0.048	20854	2
0.049	463678	4
0.050	425184	3

Last trade - 16.10pm 27/06/2025 (20 minute delay)

POD (ASX) Chart

Worst chart on ASX?, page-4

Australia’s gas crisis is here – and dying coal plants aren’t helping

NATO’s 5% target: Why Almonty Industries’ mega mine and NASDAQ listing are a perfect fit for investors

Week 26 Wrap: Renewable gas fantasies; RBA July cut hope builds; copper's August peak?

Listen: HotCopper Wire Podcast 015 – Yeah, we're thinking the IPO market is back

ASX Market Open: Oz shares to see out tumultuous FY24-25 with green day | June 30

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News

Worst chart on ASX?, page-4

Top Stories

Australia’s gas crisis is here – and dying coal plants aren’t helping

NATO’s 5% target: Why Almonty Industries’ mega mine and NASDAQ listing are a perfect fit for investors

Week 26 Wrap: Renewable gas fantasies; RBA July cut hope builds; copper's August peak?

Listen: HotCopper Wire Podcast 015 – Yeah, we're thinking the IPO market is back

ASX Market Open: Oz shares to see out tumultuous FY24-25 with green day | June 30

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News