He's probably saying it because it's realistic. Not everyone speak purely out of bias and hope. Some of us would prefer to see things as they are rather than as we want them to be.
Personally, I agree that 59c is possible. With different fundamentals I would fully expect it and possibly lower. With our fundamentals it's difficult to say where we'll go in the short term. I have little doubt we'll hit $1.10 within months, but short term I wouldn't be surprised to give the 50s another visit, and on the other hand I wouldn't be surprised by a quick run to the 80s. The fundamentals are clearly pulling us higher, there are some lovely TA targets above our recent highs, but we've also had a huge rally and before the end of the month there will be some people wanting to lock in profit and some wanting to manipulate the price. We're not doing ourselves any favours by pretending the negatives don't exist, and I say that as someone holding AGY with diamond hands.
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Last
4.0¢ |
Change
-0.001(2.44%) |
Mkt cap ! $58.23M |
Open | High | Low | Value | Volume |
4.1¢ | 4.1¢ | 4.0¢ | $86.92K | 2.135M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 199999 | 4.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
4.1¢ | 100 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 199999 | 0.040 |
10 | 716409 | 0.039 |
8 | 1110821 | 0.038 |
18 | 2502917 | 0.037 |
26 | 2792087 | 0.036 |
Price($) | Vol. | No. |
---|---|---|
0.041 | 100 | 1 |
0.042 | 1564864 | 7 |
0.043 | 2054255 | 5 |
0.044 | 525000 | 4 |
0.045 | 572150 | 9 |
Last trade - 16.10pm 15/10/2024 (20 minute delay) ? |
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