irrational selling with respect to the MC.
RVR. Sellers are crapping themselves before the drill bit has even landed., when the valuation, and cash in hand is plenty a runway to continue to roll the dice.
Sellers, can continue to trip over each other. The drill bit may have them consider the price they cashed out at, and the re-rate from the micro cap bet at hand, should a mammoth , or modest drill prevail.
Preserving capital at these prices ? is a bet against the stock, that some other idiot will have enough fire power to keep it suppressed by selling at lower prices.
When the tank of pre drill bet wetters has exhausted, rebound pricing can get a look in.
- Forums
- ASX - By Stock
- OM1
- Ann: Exploration Update - Lac des Montagnes Project
Ann: Exploration Update - Lac des Montagnes Project, page-43
-
- There are more pages in this discussion • 75 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add OM1 (ASX) to my watchlist
(20min delay)
|
|||||
Last
7.8¢ |
Change
0.000(0.00%) |
Mkt cap ! $4.550M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Featured News
OM1 (ASX) Chart |
Day chart unavailable