Thanks for the feedback all. If I had the accounts in front of me I'd say 'the profit is ...' just like I say 'there is 17m @ 37g/t Au just below surface at Federation' about which I do have the data. Having a degree in Science I recognize the importance of graphs in plotting data to establish trends and extrapolate to predict parameters beyond the measured limits. In this case, trying to predict the future. Oh for a crystal ball. So how about this....impossible = 0% chance, unlikely 10%, maybe, 25%, possible 40%, if 50/50, could be 60% likely 75%, more than likely 80% probable 90% certain 100%. Confidence limits +/- 20%. If you plot these on a graph of % over time, pray tell what tomorrow will bring? I hope you enjoyed this, it was just for fun. Awesome poem EnsorDoone..I have had a poem published and am a fan of poetry so I really appreciate fine ones.
To chartists (I admit on the asx I'm not one at all - human behaviour en masse being somewhat unpredictable), try using some of my percentage words to refine your extrapolations, eg Federation starts next month If (50/50) they announce first stopes are on the way to the mill it is probable (80% chance) more buyers will come in and it could be (60% chance) or maybe even be likely (75%) that the share price will go up. ;-)
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Mkt cap ! $287.5M |
Open | High | Low | Value | Volume |
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Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
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Price($) | Vol. | No. |
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3 | 62885 | 0.175 |
7 | 313417 | 0.170 |
9 | 916396 | 0.165 |
17 | 1701428 | 0.160 |
Price($) | Vol. | No. |
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0.180 | 380070 | 5 |
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