Is there a problem with holding this long term?
100% it’s sucks we didn’t all bail at $1.87 but I have had companies bounce back from far far worse financial circumstances (e.g., cashflow negative with an 18 month cash runway, dog shit CEO - biomed company).
I’m trying to walk a fine line between maintaining my mental health (I’m really struggling) and not thinking that “everything goes back up”.
Personally, I’m expecting the stock to move lower from here purely from momentum but I don’t think prospects will meaningfully deteriorate.
Have a good night folks.
Banter and general comments, page-30527
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Last
11.0¢ |
Change
-0.010(8.33%) |
Mkt cap ! $235.0M | |||
| Open | High | Low | Value | Volume |
| 12.0¢ | 12.0¢ | 11.0¢ | $1.472M | 12.86M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 85 | 3844280 | 11.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 11.5¢ | 885371 | 12 |
View Market Depth
| Last trade - 16.10pm 16/07/2024 (20 minute delay) ? |
| CXO (ASX) Chart |