Yeah Smart Money vs Dumb money lol. Smart money buys the bottom while dumb money buys the top. The depression on SP is most probably due to dumb money buying at the top and losing patience and dumping at the bottom. I myself had been watching this since it was 3.6c and only triggered my buy at 1.3c.
People should learn: Don't go after the hype, if something runs hard don't feel that you have missed out, there will always be another opportunity, learn to read the charts and price action, analyse value in the company than simply pumping share price. It is extremely difficult to beat those with billions of dollars in their coffers and access to all the tools in the world. If you are confident there is value in the company, be patience, sooner or later the value will be realised.
Don't take anything personally, leave the emotions behind and look at the data. That is all I can say to all who are complaining about management not performing. As you said the management have really done well.
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Last
1.1¢ |
Change
-0.001(4.55%) |
Mkt cap ! $50.11M |
Open | High | Low | Value | Volume |
1.1¢ | 1.1¢ | 1.0¢ | $23.05K | 2.183M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
44 | 25833994 | 1.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.1¢ | 54460586 | 48 |
Last trade - 13.57pm 15/10/2024 (20 minute delay) ? |
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