If you look at the charts of any 10 to 50bagger, they all have multiple 50% retracements.
The skill is in not being shaken out.
Broker data for the past week indicates nothing more than punters getting panicked out....and a bit of manipulation in selling options at 0.5c, then forcing the stock down so as to buy the options back cheaper.
Bottom line with M2R is the EV...currently under $3mln. Why would you sell?
If you look at the charts of any 10 to 50bagger, they all have...
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Last
0.7¢ |
Change
-0.001(7.14%) |
Mkt cap ! $2.579M | |||
| Open | High | Low | Value | Volume |
| 0.7¢ | 0.7¢ | 0.6¢ | $38.55K | 5.751M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 19 | 7543338 | 0.6¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.7¢ | 1700000 | 2 |
View Market Depth
| Last trade - 15.06pm 18/10/2024 (20 minute delay) ? |
| M2R (ASX) Chart |