Not very wise at all.
Think about it.
Why would anyone jump aboard and spike up the price on a company that has not de-risked itself, that it has some sort of true value.
What Mr Gold is commenting on are a bunch of traders that don't know whether they are coming or going, don't know if they are Arthur or Martha, just jumping on and off, playing musical chairs to see who can be the last one standing.
Hardly the stuff of good analysis..............or, analysis of any sort.
.
$30 Billion Deal, page-1343
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Last
3.1¢ |
Change
-0.001(3.13%) |
Mkt cap ! $27.97M | |||
| Open | High | Low | Value | Volume |
| 3.1¢ | 3.1¢ | 3.0¢ | $19.50K | 636.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 849906 | 3.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 3.3¢ | 219849 | 3 |
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| Last trade - 11.18am 30/07/2024 (20 minute delay) ? |
| BIT (ASX) Chart |