GED
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0.00% 3.0¢ golden deeps limited.

Sometimes strange things happen like a scare in the general...

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  1. Istina
    1,005 Posts.
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    19/09/24
    14:18
    Post #: 75746441
    Sometimes strange things happen like a scare in the general market, where some people might dump their shares.

    Agree, I don't think it is likely to dump back to 3c, but just painting the picture of risk to potential reward ratio.

    Risk from 3.7c of 0.7-0.9c down to 3-2.8c, reward of 2.3-4.3c from 3.7c to 6-8c.

    So, 3.3-4.8x reward vs risk ratio. Usually around 3x is pretty good.
    Last edited by Istina: 19/09/24
    GED Price at posting: 3.8¢ Sentiment: None Disclosure: Held
    Likes Created with Sketch. 2  Upvote
    lightbulb Created with Sketch.  Great analysis
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