I don't know why people always overreact to decent-sized sell...

  1. 1,421 Posts.
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    I don't know why people always overreact to decent-sized sell orders when it's most likely just profit-taking, I mean look at the chart: if you'd just held this for two years you would have made a bunch of money assuming a buy in mid-2021.

    People have to realise profits at some point, especially if/when they need to use the actual money. Doesn't change anything with the undervalued nature of this stock based on its fundamentals at current share price, even if they were to just repeat the same results as this year and not actually grow (not likely).

    Not like people buying in at 6c are getting ripped off when the company has no debt now, is printing money and paying a dividend... I've been tempted to average up myself. Might chuck my divvy money into it if it comes through tomorrow anyway.
    Last edited by NoLeafClover: 25/09/23
 
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(20min delay)
Last
14.0¢
Change
0.000(0.00%)
Mkt cap ! $61.46M
Open High Low Value Volume
14.5¢ 15.0¢ 14.0¢ $27.22K 188.6K

Buyers (Bids)

No. Vol. Price($)
13 771069 14.0¢
 

Sellers (Offers)

Price($) Vol. No.
14.5¢ 68961 2
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Last trade - 16.10pm 17/06/2025 (20 minute delay) ?
ATP (ASX) Chart
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