The same reason I buy lotto haha
The odds aren't that bad, I was just being dramatic.
It feels super unlikely to see a stock go from 42c to $50 or even $300. Doesn't mean it can't or won't, just feels ridiculous to even suggest it might.
Stranger things have happened though and based on the drug, there is no reason it couldn't, its just whether we actually get there or not. So many companies seem to fail along the way.
I once invested in LNG... The ticker, not the raw material. Went from 35c to $5... Valued at billions, had a wicked tech for cheap liquidation of gas, and billions lined up in funding.
Years later its delisted. I don't think they ever got full approvals for their plant in the US.
My point is, we can have amazing tech, but government and management are always massive factors.
Maybe the odds are 1000:1 that we make it to the big time, still far better than Saturday lotto which is 8m:1
I'm also down nearly 70% in 12 months, so you won't catch me selling anytime soon unless I want to be single.
- Forums
- ASX - By Stock
- PAR
- PAR. SP
PAR. SP, page-515
-
-
- There are more pages in this discussion • 551 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add PAR (ASX) to my watchlist
|
|||||
Last
23.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $80.45M |
Open | High | Low | Value | Volume |
23.5¢ | 24.0¢ | 23.0¢ | $122.3K | 521.4K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
9 | 330565 | 23.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
23.5¢ | 50000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
8 | 325565 | 0.230 |
7 | 100610 | 0.225 |
14 | 252316 | 0.220 |
6 | 73458 | 0.215 |
6 | 140050 | 0.210 |
Price($) | Vol. | No. |
---|---|---|
0.235 | 50000 | 1 |
0.250 | 29100 | 2 |
0.260 | 20000 | 2 |
0.270 | 13000 | 2 |
0.275 | 10000 | 1 |
Last trade - 16.10pm 19/08/2024 (20 minute delay) ? |
Featured News
PAR (ASX) Chart |