Exactly, imo graphs are just an attempt to justify a gambling addiction through labelling the methodology used as "analysis." Also a useful excuse for those who lack the necessary financial, analytical and mathematical skills to properly analyse/value a company. In reality, past price performance indicates nothing about the future, and you may as well spin the wheel than waste your time trying to read a chart (ie tea leaves).
The only way to invest in a company is through the fundamentals (which makes sense as we are investing in a company, not a share price). Imo, the fundamentals have improved significantly here. The company has grown from past mistakes made and is clearly on track to finally deliver strong returns to investors
Exactly, imo graphs are just an attempt to justify a gambling...
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Last
$1.07 |
Change
-0.025(2.29%) |
Mkt cap ! $1.216B | |||
| Open | High | Low | Value | Volume |
| $1.10 | $1.13 | $1.05 | $8.152M | 7.517M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 69963 | $1.07 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.07 | 73154 | 3 |
View Market Depth
| Last trade - 16.10pm 10/05/2024 (20 minute delay) ? |
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Last
$1.07 |
Change
-0.025 ( 2.84 %) |
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| Open | High | Low | Volume | ||
| $1.09 | $1.13 | $1.05 | 1873215 | ||
| Last updated 15.59pm 10/05/2024 ? | |||||
| MSB (ASX) Chart |