I’m not so sure:
Yes it’s a contributing factor however
Since 1st June:
Li Price: 105,500 - 93500= -12%
AGY: 12c - 8c = -33%
We have been here before. This was always going to happen. IMO It’s pure manipulation. Taking advantage of investor sentiment and taking advantage of those selling out for financial year. They also know most investors would be looking for the floor and wouldn’t be buying so they can manipulate easily with low volumes. IMO My lesson was watch out for posts calling cheap share prices and talking DOOM, they are mostly behind looking for cheap entry and spooking investors. Normally done under different names (Aka’s) and over multiple sector shares.
If helps go back and look at charts every June. If help you can do what I just did and look at the chart from 1st July 2021 and focus on that run. If you are still all in then can buy more, sell or just turn off and come back in a month. You have options.
All IMO, hang in there as we are currently in hands of Technical Analysis (maybe even a wave5).Fundamentals will come eventually…….
PS: don’t take too much notice of market cap. $291m can double to $582m with an entity buying $2m of shares on market and doubling the current share price..
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Last
3.9¢ |
Change
0.001(2.63%) |
Mkt cap ! $55.32M |
Open | High | Low | Value | Volume |
3.8¢ | 4.0¢ | 3.8¢ | $46.88K | 1.212M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 957640 | 3.9¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
4.0¢ | 712991 | 10 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 958349 | 0.039 |
6 | 281876 | 0.038 |
16 | 1177682 | 0.037 |
9 | 1060080 | 0.036 |
28 | 4555345 | 0.035 |
Price($) | Vol. | No. |
---|---|---|
0.040 | 712991 | 10 |
0.041 | 836063 | 10 |
0.042 | 875280 | 9 |
0.043 | 46146 | 2 |
0.044 | 1408302 | 6 |
Last trade - 15.55pm 15/08/2024 (20 minute delay) ? |
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