I've seen this a million times.
retail investors get scared and panic sell. big boys move in and lap everything up at the low prices and make big $.
Yes the Star has had a rough patch. NSW has hit SGR hard. queen whalf cost blow outs and Covid. IMO this is the absolute bottom though. Queens whalf is open and doing well, NSW will bounce back and GC keeps ticking along. yes 13% is high interest. In the general scheme of things it's nothing though. This is the life line to get them out of the low.
buy low sell high. don't buy high sell low. if you can work out fear and greed in this market you will make a lot of money. Now is the time to buy not sell. If this opens lower I will be loading up. SGR will get bought out. there is some serious money to be made here.
sorry for those that have lost money. it's only a loss when you sell. look long term, this will make money. If this does drop I'm looking forward to the opportunity to purchase more.
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I've seen this a million times. retail investors get scared...
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Last
27.0¢ |
Change
-0.020(6.90%) |
Mkt cap ! $774.5M |
Open | High | Low | Value | Volume |
29.5¢ | 30.5¢ | 26.8¢ | $10.06M | 35.54M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
26 | 1551330 | 27.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
27.5¢ | 560000 | 5 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
18 | 1160993 | 0.270 |
31 | 1239019 | 0.265 |
40 | 2134106 | 0.260 |
67 | 1757759 | 0.255 |
222 | 12637806 | 0.250 |
Price($) | Vol. | No. |
---|---|---|
0.275 | 255000 | 3 |
0.280 | 637992 | 13 |
0.285 | 149679 | 7 |
0.290 | 1481167 | 14 |
0.295 | 848643 | 12 |
Last trade - 16.10pm 18/10/2024 (20 minute delay) ? |
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SGR (ASX) Chart |