CNB 5.00% 38.0¢ carnaby resources limited

where is the sense continually buying a share price from well...

  1. 5,067 Posts.
    lightbulb Created with Sketch. 845
    where is the sense continually buying a share price from well above a $ when it is clear it is tanking and the company is overvalued.

    seems to me anyone with even basic investing knowledge would have seen the writing on the wall….even basic charting shows a continued drop was on the cards?

    I’ll be honest and say I think you are lying, no one would be stupid enough to continue buying like you claim to have. It’s just throwing money away
 
watchlist Created with Sketch. Add CNB (ASX) to my watchlist
(20min delay)
Last
38.0¢
Change
-0.020(5.00%)
Mkt cap ! $65.33M
Open High Low Value Volume
40.0¢ 41.0¢ 38.0¢ $143.6K 364.1K

Buyers (Bids)

No. Vol. Price($)
3 57499 38.0¢
 

Sellers (Offers)

Price($) Vol. No.
40.0¢ 25000 1
View Market Depth
Last trade - 16.10pm 22/08/2024 (20 minute delay) ?
CNB (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.