CR1 constellation resources limited

All good mate, I love a good talk about market...

  1. 2,007 Posts.
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    All good mate, I love a good talk about market mechanics/psychology as everyones thoughts are different. I appreciate all opinions since thats what makes a market...and to make money means understanding what goes through the markets head, no better way than understanding the people.

    Yeah Otsana only had one big winner last year which was OOK that did 10bags and props to them for timing it to perfection when blockchain was at max love. It couldve been a big winner for me but decided to exit first 2 parcels too early, perhaps should've believed the narrative a bit more lol. Before them was the era of Matthew Walker, I've never seen a director bring so many baggers in such a short period was fortunate enough to catch SRT (IAM) as my second ever big position which really got me set in the market, but got caught pants down with WPI (CIZ) which I still hold lol. I remember doing the maths at one stage to turn $5K into like $1M just moving from one Cicero play to the next. That group did well with TMT and YOJ more recently.
    I guess the entire market under $100M MC is one giant P&D as you call...just occurs on different timeframes, some very quick some happen over the course of 2years but it provides harder working participants with opportunity to make fortunes.
    WFE is a rare ocassion making $58M, I reckon that was a combo of Langfords group coming in, traders coming in that love liquidity and larger T20 holders not letting go of a single share. I held on myself and looks like they've done a good vend there so hopefully it pays out.
    I've kept track of certain T20's over periods of time, almost 80%+ of the time a stock collapses after an epic run from a T20 position aggressively letting go ("the dump" of the P&D). TLRY another one that was $10B MC at $1 from early float. Went to like $25B MC until someone large decided to pull the dump switch.

    I reckon CR1 is up there too for class registers. If this one was to move well on a vend or even rumours the T20 makes me think they'll stick tight and could easily overshoot valuation significantly (given right sector too).

    In the end we should do whatever suites our timeframes, risk, lifestyle and double down on our edge. I like trading but don't have screen-time for it (completing my degree) so I like to go for companies/teams that bring multibags 3months-1year timeframe where I don't have to check price every couple minutes. Some like trading pips, some like holding 2years+, its whatever makes you money.
    Anyways nice side chat, I've managed to get some more smalls on CR1.

    Lets see game of patience here. Would be nice to get direction from the man himself via quarterly or twitter, but the end result will still be the same. Good shake off and comeback on price.
 
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Last
12.0¢
Change
0.000(0.00%)
Mkt cap ! $7.564M
Open High Low Value Volume
0.0¢ 0.0¢ 0.0¢ $0 0

Buyers (Bids)

No. Vol. Price($)
2 116661 11.5¢
 

Sellers (Offers)

Price($) Vol. No.
15.0¢ 25000 1
View Market Depth
Last trade - 16.12pm 19/06/2025 (20 minute delay) ?
CR1 (ASX) Chart
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