MAY 6.90% 3.1¢ melbana energy limited

I personally think it would be a mistake to assume that HC posts...

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  1. 1,894 Posts.
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    I personally think it would be a mistake to assume that HC posts control the SP. Its the company's fundamentals that will dictate this.

    I reckon the majority of volume pushed through on this company is not from HC watchers. I think HC posts might have a fleeting effect at best. The thing about the collective wisdom of markets is they rarely get it wrong and certainly never misses with the SP over time.

    Knowing its the comapny's fundamentals rather than HC that determines the SP I never make my trade/investment based on HC ramping or downramping.. Cheers
 
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Last
3.1¢
Change
0.002(6.90%)
Mkt cap ! $104.4M
Open High Low Value Volume
3.0¢ 3.1¢ 3.0¢ $5.75K 186.8K

Buyers (Bids)

No. Vol. Price($)
3 373931 3.0¢
 

Sellers (Offers)

Price($) Vol. No.
3.1¢ 549012 11
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Last trade - 10.56am 01/11/2024 (20 minute delay) ?
MAY (ASX) Chart
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