The shorters in this context were right as far as numbers were concerned but wrong on the story front. Never underestimate the power of the cult.
However, are we running a cult here? Do we want this company to become cult driven? Even if we did, I don't think we have the people nor the situation to manufacture that cult.
Personally I don't want that to be the case even if that may result in better returns. We have a solid story AND numbers based on what we know about this product validated by integrous institutions. I don't think we need greater fools to profit off but can both produce a valuable product as well as a compelling story to go with it.
In essence the shorters, the asx, and long term share price is seemingly strongly fundamental in our context. Let's play within that and give the shorters the more deserved credibility over Te insanity that goes on at NASDAQ (where you can already find crashed SPAC scams with a higher market cap that we have). Bs goes on, I've mentioned that as have many others here but remember where we're playing.
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Last
$2.25 |
Change
0.020(0.90%) |
Mkt cap ! $424.7M |
Open | High | Low | Value | Volume |
$2.25 | $2.29 | $2.23 | $1.046M | 463.6K |
Buyers (Bids)
No. | Vol. | Price($) |
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1 | 1999 | $2.25 |
Sellers (Offers)
Price($) | Vol. | No. |
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$2.28 | 3485 | 2 |
View Market Depth
No. | Vol. | Price($) |
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1 | 1999 | 2.250 |
5 | 26498 | 2.240 |
8 | 31571 | 2.230 |
10 | 27375 | 2.220 |
14 | 49730 | 2.210 |
Price($) | Vol. | No. |
---|---|---|
2.280 | 3485 | 2 |
2.290 | 30000 | 1 |
2.300 | 112733 | 5 |
2.320 | 3207 | 3 |
2.330 | 1700 | 1 |
Last trade - 16.10pm 17/06/2024 (20 minute delay) ? |
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Last
$2.25 |
  |
Change
0.020 ( 0.61 %) |
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Open | High | Low | Volume | ||
$2.23 | $2.29 | $2.23 | 51947 | ||
Last updated 15.59pm 17/06/2024 ? |
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