It seems that the market agrees with me, as the share price is now at risk of going well below 2 cents.
There is a lot of spec money in the markets at the moment, so some stocks are trading many times there market caps true value.
If 1.9 cents does not hold up, I reckon 1.5 cents will come quite quickly, and I would not even pay that price.
Risk needs to be weighed up against what a company has, where they are at, and most importantly if the market is over heated.
If the market turns, investing in highly speculative stocks trading at many times there 12 month lows like OAR can cost you 30% to 50% of your money very quickly.
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It seems that the market agrees with me, as the share price is...
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Last
0.2¢ |
Change
0.000(0.00%) |
Mkt cap ! $6.601M |
Open | High | Low | Value | Volume |
0.2¢ | 0.2¢ | 0.2¢ | $504 | 251.7K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
65 | 174498756 | 0.1¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.2¢ | 57536923 | 19 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
65 | 174498756 | 0.001 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.002 | 57536923 | 19 |
0.003 | 28737268 | 16 |
0.004 | 17504518 | 15 |
0.005 | 16911678 | 17 |
0.006 | 6814254 | 8 |
Last trade - 10.06am 05/09/2024 (20 minute delay) ? |
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OAR (ASX) Chart |