I really doubt "Mr Market" has any clue about the value of tbe impending sales, and today's prices are probably simply related to traders acting in unison based on the charts they happen to follow.
The reality is that the price goes up and down not bssed on any information related to the activities of the company, so its reasonable to dismiss it as random noise generated by external factors that thecompany has no control over. Its a reflection of investors emotions and traders trying to grab money off one another.
I really doubt "Mr Market" has any clue about the value of tbe...
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Last
0.2¢ |
Change
0.000(0.00%) |
Mkt cap ! $7.427M | |||
| Open | High | Low | Value | Volume |
| 0.1¢ | 0.2¢ | 0.1¢ | $108 | 79.00K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 80 | 221115832 | 0.1¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.2¢ | 9899800 | 11 |
View Market Depth
| Last trade - 16.10pm 17/07/2024 (20 minute delay) ? |
| EDE (ASX) Chart |