SGQ 0.00% 2.9¢ st george mining limited

Ann: Massive Nickel-Copper Sulphides at Stricklands-SGQ.AX, page-120

  1. 150 Posts.
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    yes, the computer generated bid and offers confuse the whole picture, thats why day trading is too hard. Its hard to beat the computer. You look at a totally unrelated stock where there was a speculative frenzy, such as NOR and you saw over 100m shares trade in a day, cant just be real buyers and sellers, someone must be making a lot of money out of this,(otherwise why do it), therefore it follows that there must be a lot of people loosing a lot of money as well. I just find that all too hard.
    I just find a good fundamental story, follow it and take a medium long term view and dont stress about a few cents, i am in this stock and a couple of others for sounds fundamental reasons, where the potential reward is greater than the risk. For instance, on a good economic intercept this stock could be re rated to a $100m market cap or even $200, this would be 40 to 80 c per share, thats the sort of thing i am chasing, not a cent here or there, i should add that my biggest wins have always taken at least 6 months if not 12.
 
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Last
2.9¢
Change
0.000(0.00%)
Mkt cap ! $31.56M
Open High Low Value Volume
2.9¢ 2.9¢ 2.9¢ $26.86K 926.3K

Buyers (Bids)

No. Vol. Price($)
5 685327 2.9¢
 

Sellers (Offers)

Price($) Vol. No.
3.0¢ 582257 5
View Market Depth
Last trade - 16.10pm 13/09/2024 (20 minute delay) ?
SGQ (ASX) Chart
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