Don't be ridiculous 62strat the underlying fundamentals set a basis for price, unfortunately though they don't control sentiment or take into consideration possible problems along the way. Long term I have no doubt that this stock will get to where it should be but in the current climate and with sentiment the way it is any positive news is being bought by the retail buyers and sold into by the smart money, that's just how it works. Fail to realise that and you'll do your dough or spend a long time sitting on it waiting. All I am pointing out, and correctly so, is that whenever you see large volume spikes that don't close on the their highs you should be very aware that the sp is going to drop in the short term and on days like the 8th where the volume was extraordinarily high we are going to see that weakness continue to subdue the sp for some time. I follow the smart money not the fundamentals, I take it that all that is priced in already.
Cheers!
- Forums
- ASX - By Stock
- NDO
- Ann: Tindalo Operations Update
Ann: Tindalo Operations Update , page-37
-
-
- There are more pages in this discussion • 7 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 NDO (ASX) to my watchlist
(20min delay)
|
|||||
Last
82.5¢ |
Change
0.005(0.61%) |
Mkt cap ! $187.0M |
Open | High | Low | Value | Volume |
82.0¢ | 82.5¢ | 82.0¢ | $6.074K | 7.362K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 638 | 82.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
83.0¢ | 1 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 638 | 0.825 |
2 | 7341 | 0.810 |
1 | 7700 | 0.805 |
1 | 7500 | 0.800 |
1 | 5000 | 0.780 |
Price($) | Vol. | No. |
---|---|---|
0.830 | 1 | 1 |
0.835 | 1 | 1 |
0.845 | 2121 | 1 |
0.850 | 3829 | 1 |
0.880 | 6000 | 1 |
Last trade - 10.25am 10/09/2024 (20 minute delay) ? |
Featured News
NDO (ASX) Chart |