G88 golden mile resources ltd

with the mini crash, you have shell shocked punters, who sit on...

  1. 28,613 Posts.
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    with the mini crash, you have shell shocked punters, who sit on the fence until a sense that it is safe to put their heads out of the trenches. Until then, you have thin trades, and waiting for the market to return to a sense of confidence. What sets the price in a crash ? Fear and desperation. Sell it for whatever. So many specs are 50% discounted. Because at the same time, the only buyers were taking legs lower. What sets the price normally ? a staircase climb from buyers looking at fundamental reasons to invest in the sector, and sellers taking profits. / and the growth out look for the company. Without the over supply of nervous nellies, a normal supply / demand of a stock can redeem itself. Markets are about confidence in what the other guy will do tomorrow / aside from expectations of the company fundamentals.

    All IMO and not investment advice.
    Last edited by stevenjd: 21/07/22
 
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(20min delay)
Last
1.1¢
Change
0.000(0.00%)
Mkt cap ! $5.986M
Open High Low Value Volume
1.1¢ 1.1¢ 1.0¢ $8.708K 792.8K

Buyers (Bids)

No. Vol. Price($)
1 270000 1.1¢
 

Sellers (Offers)

Price($) Vol. No.
1.2¢ 321000 1
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Last trade - 15.04pm 27/06/2025 (20 minute delay) ?
G88 (ASX) Chart
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