Very true @earlyrise
We would all like to believe that we have an influence on the market but at the end of the day, our influence is very small.
This is the world's biggest graphite deposit and BB and team have consistently ticked all boxes which speaks for itself. They don't really need our help to speak on their behalf. For that matter, even downrampers have minimal influence and they're probably kicking themselves now for not buying TON on the "clearance sale" of around 32 cents 1-2 weeks back.
"An announcement regarding executing agreementS to form strategic relationshipS" -
No, the capital and bold "S" is not a typo on my part - Lol. It is stuff like this out of the blue with an accompanying trading halt that makes me wary of ever selling TON and booking profits, even though it offers great trading opportunities, as I don't know when it is going to suddenly double or triple in 1-2 sessions. TON showed everyone last month the massive FOMO it is capable of generating.
One of the things I've liked about TON (as pointed by me in my original comment) is good management skin in the game. They have a strong incentive to ensure that the company and price does well, as they know that they could be the next Andrew Forrest of the graphite world in the years to come.
TON IMHO continues to represent phenomenal opportunity so long as the huge price differential with its nearest peer remains. Note now that TON continues to deliver more and more good news and seems to be not just equal but better than its peer in most respects, as days go by, but the peer's market cap is still around 6 times that of TON. IMHO, the market will continue to correct this in the time to come.
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Very true @earlyrise We would all like to believe that we have...
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Last
0.7¢ |
Change
-0.001(12.5%) |
Mkt cap ! $10.97M |
Open | High | Low | Value | Volume |
0.7¢ | 0.7¢ | 0.7¢ | $8.99K | 1.284M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 298932 | 0.7¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.8¢ | 580235 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 298932 | 0.007 |
6 | 1341972 | 0.006 |
4 | 1999995 | 0.005 |
1 | 500000 | 0.004 |
1 | 1000000 | 0.003 |
Price($) | Vol. | No. |
---|---|---|
0.008 | 580235 | 3 |
0.009 | 595655 | 3 |
0.010 | 712032 | 6 |
0.011 | 210300 | 2 |
0.012 | 1217293 | 4 |
Last trade - 14.21pm 05/09/2024 (20 minute delay) ? |
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TON (ASX) Chart |