One more thing - many have bought in at way under 10c - given how markets seemingly operate - those holders may be dumping those shares if it reaches 10c for profit - more than doubling their money. That will cap prices at or below 10c. Profit takers move on and the new holders wait for their turn for profit taking. Real value of shares is irrelevant, as these types of buyers exit their positions at their predetermined margins and not caring an iota about fair value or about the company. That seems to be the secret to making money - forget company fundamentals or even technical analysis.
Due to the above, as soon as it hits 10-12c I'll be out - be stupid not to.
One more thing - many have bought in at way under 10c - given...
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Last
2.9¢ |
Change
0.000(0.00%) |
Mkt cap ! $35.82M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 178878 | 2.9¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 3.2¢ | 30333 | 1 |
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| Last trade - 16.16pm 13/09/2024 (20 minute delay) ? |
| DNA (ASX) Chart |
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