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5.26%

2.0¢ spectur limited

Picked up a modest chunk earlier in the week at 7.2c but:1. How...

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optimistus

4,647 Posts.

860

12/02/21

19:50

Post #: 50946199
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Originally posted by kickit2me: ↑

The spike on that day was led by a few people from social media taking advantage of circumstances.

Although the news was good that day, it was not supportive of the massive spike and turnover that occurred. Sadly a lot of "less informed" buyers on that day would have ended holding a parcel that they couldn't wait long enough for to get back to what they paid. You will find that many of the parcels sold since that day (24th November) will be those people selling out at a loss.

What you are seeing today is sustainable.

Its people with a long term positive view of Spectur's prosects buying from those that are either less positive or less patient.

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Picked up a modest chunk earlier in the week at 7.2c but:

1. How bad is the next report likely to be?
2. Are they going to need more capital to "grow faster" (share price maybe gets to 20c in 12 months or so) or "just survive" (more like 5c).

Risk v reward looks good to me but I wouldn't be buying with the housekeeping money

SP3 Price at posting: 8.0¢ Sentiment: Hold Disclosure: Held
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(20min delay)
Last 2.0¢		Change 0.001(5.26%)		Mkt cap ! $5.349M

Open	High	Low	Value	Volume
1.9¢	2.0¢	1.9¢	$12.48K	650K

Buyers (Bids)

No.	Vol.	Price($)
3	1046447	1.8¢

Sellers (Offers)

Price($)	Vol.	No.
1.9¢	263156	1

View Market Depth

No.	Vol.	Price($)
3	1046447	0.018
4	1158050	0.017
2	335000	0.016
2	400000	0.015
1	131556	0.014

Price($)	Vol.	No.
0.019	263156	1
0.020	446352	3
0.021	403800	1
0.025	40000	1
0.031	31580	1

Last trade - 15.24pm 09/07/2024 (20 minute delay)

SP3 (ASX) Chart