Very few people have any conviction. Even a large holder on here admitted flipping placement shares although he did buy them back higher so good on him. The point is that so many people have their finger on the sell button in all stocks especially in the current macro environment. As I said on another stock thread, I bought COH in the mid 1990s IPO at $2.50. Never sold a single share until $100 then sold a few more at $200 four years ago and still holding the rest. My average on HMD is around 13c now after more recent purchases and if I contemplated selling any at less than ten bags from that average then I'd be a fool in my eyes. When you're playing the microcap space you need to make your winners count because there are so many losing bets at this end of the market. What's the old saying? "Cut your losers and let your winners run". I see so many people sell their winners too early.
10 bags from 13c is a $300M valuation. If they start to really scale this tech globally that figure is not unrealistic but it requires execution from the company and conviction from the investor.
- Forums
- ASX - By Stock
- HMD
- Ann: HMD & e-Lovu Health Partnership for HeraCARE Deployment US
Ann: HMD & e-Lovu Health Partnership for HeraCARE Deployment US, page-102
-
- There are more pages in this discussion • 10 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 HMD (ASX) to my watchlist
|
|||||
Last
2.3¢ |
Change
-0.001(4.17%) |
Mkt cap ! $14.56M |
Open | High | Low | Value | Volume |
2.3¢ | 2.3¢ | 2.3¢ | $3.663K | 159.2K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 144714 | 2.3¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
2.4¢ | 75000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 144714 | 0.023 |
3 | 2250000 | 0.022 |
4 | 2235000 | 0.021 |
5 | 2652500 | 0.020 |
4 | 1565189 | 0.018 |
Price($) | Vol. | No. |
---|---|---|
0.024 | 75000 | 1 |
0.025 | 250000 | 1 |
0.026 | 200000 | 1 |
0.030 | 16062 | 1 |
0.031 | 321876 | 2 |
Last trade - 15.42pm 12/07/2024 (20 minute delay) ? |
Featured News
HMD (ASX) Chart |