Newbie, this happens every day on nearly every stock. It has happened and will always happen. It's traders getting out overnight as to lower their risk, their strategy isn't panning out or to take advantage of low prices the next day. There's probably a lot of other reasons for it too like manipulation etc. Either way, commenting every time it happens isn't adding any value to this forum.
I think a lot of us just need to stop watching daily prices and come back when you get a notification from the ASX app that there's an announcement. Because we know there's little to no risk holding so losing or gaining a few % on paper each day means nothing. It's the next announcements regarding operations, resource upgrade, acquisitions etc where we'll gain 20+% that we're concerned about.
Sorry if I sound rude mate, but I'm probably speaking for a few other lads n ladies on here too. The rest of your posts are quality though, so don't stop those ones coming.
BCN Price at posting:
4.5¢ Sentiment: Buy Disclosure: Held
