You just don't understand FA on commodity stocks. The reason they have stopped drilling and conserving cash the last 12 months is because the market didn't give a F about gold assays. It's what proper companies do instead of switching to the hot metal. They are working on non dilutive financing in the background that could transform the stock and narrative. The way you make money in commodities stocks is buying unloved quality deposits - waiting few months or a year for bags is a great investment. Just trading the hot stock trying to apply TA on catalyst driven specs gets you no where in the long term, that's why traders go broke and we don't see PnLs anymore on social media. I believe in the FA here so I'm happy to wait, I see the stocks you're on, they all die in the ass so you can never size up in them or anything. You do you and I'll do me.
- Forums
- ASX - By Stock
- Ann: Quarterly Activities/Appendix 5B Cash Flow Report
You just don't understand FA on commodity stocks. The...
- There are more pages in this discussion • 13 more messages 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 MM8 (ASX) to my watchlist
(20min delay)
|
|||||
Last
6.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $18.45M |
Open | High | Low | Value | Volume |
6.0¢ | 6.1¢ | 6.0¢ | $1.521K | 25.29K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 777 | 5.8¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
6.3¢ | 47273 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 777 | 0.058 |
1 | 87719 | 0.057 |
1 | 90909 | 0.055 |
1 | 450000 | 0.052 |
1 | 195687 | 0.051 |
Price($) | Vol. | No. |
---|---|---|
0.063 | 47273 | 1 |
0.064 | 262921 | 1 |
0.066 | 50000 | 1 |
0.067 | 74999 | 2 |
0.068 | 24849 | 2 |
Last trade - 16.10pm 29/04/2024 (20 minute delay) ? |
|
|||||
Last
6.1¢ |
  |
Change
0.000 ( 3.39 %) |
|||
Open | High | Low | Volume | ||
6.1¢ | 6.1¢ | 6.1¢ | 18098 | ||
Last updated 15.51pm 29/04/2024 ? |
Featured News
MM8 (ASX) Chart |