Like at IMU and CHM, the better the progress, the lower the sp. Anyone watched the closing auction today? RAD treated like the worst shit on the planet.
I had a long conversation with an industry expert yesterday and what we witness for months isn't unique to IMU / RAD / CHM but the severity is. There are a lot of forces moving small caps up and down using greed and fear as levers. Strangely, the CR - fear can't be applied here at RAD anymore and any lack of recognition by bigger pockets either. And yet, some selling pressure is able to move the sp to a level that will break some holders' confidence.
The expert confirmed the known phrase, " The sp is not the company and the company is not the sp. " and that the focus should be on the fundamentals and not the sp. If true, then hopefully one day my sub 3c buys will pay off.
GLTA
Like at IMU and CHM, the better the progress, the lower the sp....
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Last
2.7¢ |
Change
-0.001(3.57%) |
Mkt cap ! $58.66M | |||
| Open | High | Low | Value | Volume |
| 2.9¢ | 2.9¢ | 2.7¢ | $153.8K | 5.621M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 428880 | 2.6¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 2.9¢ | 471555 | 3 |
View Market Depth
| Last trade - 16.10pm 03/10/2024 (20 minute delay) ? |
| RAD (ASX) Chart |