" Anybody who was expecting much more than 1 million barrels of clearly didn't understand how reserves certification works. Which is understandable for the retail investors, but the brokers and so-called sophisticated investors should have known better. "
That is very important and true statement .
Unfortunately brokers and sophs unload onto retail and continue to over estimate the potential value of companies and their projects .
I say hooray for Hot Copper .
And as an aside I would like to see one of these vey fine Chartists we have , to show , on a chart , how this price drop occurred and how it could be forecast . So far I have only seen the upside versions . Perhaps Feehold would like to comment . It is a reminder to me of the need to take profits ( if you are in fact a trader ) and that the market is emotional and greedy .
Should be a bottom Monday by my bum chart .
I am going to be concerned about a major correction/downturn in markets for as long it takes to happen . Hence I am very much short term on many stocks no matte how much I like the story .
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ann out 2.1m recoverable, page-90
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Last
5.4¢ |
Change
0.001(1.89%) |
Mkt cap ! $38.48M |
Open | High | Low | Value | Volume |
5.5¢ | 5.5¢ | 5.1¢ | $13.74K | 260.2K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 50222 | 5.2¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
5.5¢ | 99999 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 50222 | 0.052 |
1 | 44050 | 0.051 |
4 | 1027565 | 0.050 |
4 | 775979 | 0.049 |
4 | 913743 | 0.048 |
Price($) | Vol. | No. |
---|---|---|
0.055 | 99999 | 1 |
0.057 | 58425 | 1 |
0.058 | 172431 | 1 |
0.060 | 110909 | 2 |
0.062 | 112737 | 2 |
Last trade - 11.46am 19/08/2024 (20 minute delay) ? |
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CTP (ASX) Chart |