You are fixated on $2 (and so are those shorting GMD). This enterprise is worth way more than that in a couple of years...
Generally speaking I hate putting a value online because I don't like others knowing what my "Salience Bias" is. But on a DCF basis on the numbers above it is this...
Current price action is just noise believe it at your own peril. Invest by holding on to your shares for 2-3 years and you will be reasonably rewarded. If you are on GMD, on a smaller timeframe trade, wishing to offload above $2 then the overwhelming number of shorts will get the better of you. They are the masters at making you feel that what you have is not worth as much as you think using your emotions because people (yes, including me) get way too emotional looking at the short term price action.
Hold on to your GMD shares and in 2-3 years and you will be reasonably rewarded.
PS. This is my last post in this GMD stupidly titled "$2 party" thread. If you want to propagate the $2 Salience Bias go for it. But I won't be a party to that.
You are fixated on $2 (and so are those shorting GMD). This...
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Last
$1.82 |
Change
0.045(2.54%) |
Mkt cap ! $2.036B | |||
| Open | High | Low | Value | Volume |
| $1.82 | $1.83 | $1.80 | $15.13M | 8.353M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1000 | $1.81 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.82 | 17094 | 2 |
View Market Depth
| Last trade - 16.10pm 10/05/2024 (20 minute delay) ? |
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Last
$1.82 |
Change
0.045 ( 3.09 %) |
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| Open | High | Low | Volume | ||
| $1.82 | $1.83 | $1.80 | 517224 | ||
| Last updated 15.59pm 10/05/2024 ? | |||||
| GMD (ASX) Chart |