It doesn't make sense to me that the SP went down today. I was thinking the same thing as you. And I was thinking it because I made the same kind of error a few days ago. I was in a hurry, saw the announcement arrive with a headline about GK and a new supply agreement just before close of trade. With only a few minutes before close I thought "wow, they've secured a new manufacturer instead of NCA and the SP is going to jump" so I quickly grabbed a parcel. It was only later that I read the announcement properly and realised my skim reading was completely wrong. The cynic in me wonders if the headline of the GK announcement was worded this way deliberately.
So I tried to sell what I bought at the same price but wasn't quick enough before it dropped again. I'm tired of losing money on JAT so decided to hold and hang on for the next uptick and sell it then. Lucky for me the parcel I bought a few days ago is still sitting there, and now that NCA appears to be somewhat de-risked, I'm at kind of the same result in the end.
I also agree with every word in your previous comment.
- Forums
- ASX - By Stock
- JAT
- Ann: NCA - Cessation of Receivership
Ann: NCA - Cessation of Receivership, page-13
-
- There are more pages in this discussion • 1 more message 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 JAT (ASX) to my watchlist
(20min delay)
|
|||||
Last
72.5¢ |
Change
0.005(0.69%) |
Mkt cap ! $59.95M |
Open | High | Low | Value | Volume |
72.5¢ | 72.5¢ | 72.5¢ | $1.45K | 2K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 2245 | 72.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
74.0¢ | 9991 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 2245 | 0.725 |
3 | 30710 | 0.720 |
3 | 13225 | 0.710 |
1 | 20000 | 0.700 |
1 | 1000 | 0.680 |
Price($) | Vol. | No. |
---|---|---|
0.740 | 12646 | 2 |
0.750 | 10000 | 1 |
0.760 | 58122 | 2 |
0.770 | 59818 | 2 |
0.780 | 30650 | 2 |
Last trade - 10.53am 15/10/2024 (20 minute delay) ? |
Featured News
JAT (ASX) Chart |
The Watchlist
I88
INFINI RESOURCES LIMITED
Charles Armstrong, Managing Director & CEO
Charles Armstrong
Managing Director & CEO
Previous Video
Next Video
SPONSORED BY The Market Online