Happens all the time, and I say this tongue in cheek - investors bleating like traders and about as useful as yelling at clouds. If you believe in what you're holding, you're better off going fishing or for a bike ride.
My take on the action is that a solid, positive announcement was already factored into the price by the market.
Really, I could just have held but no reason not to take a little cheer off the table and go again next week when it'll (IMHO) drift lower until the next round of news, depending on market conditions in general.
It would have been nice to see some fat cores to match the exciting headline: "NIL DESPERANDUM CONTINUES TO GROW FROM STRONG VISUAL RESULTS", but we're going to have to wait...and the market doesn't like to.
Happens all the time, and I say this tongue in cheek - investors...
Add CNB (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
57.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $97.14M | |||
| Open | High | Low | Value | Volume |
| 60.0¢ | 60.0¢ | 56.0¢ | $462.9K | 799.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 11517 | 57.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 58.0¢ | 6212 | 4 |
View Market Depth
| Last trade - 15.08pm 11/07/2024 (20 minute delay) ? |
| CNB (ASX) Chart |