In my own selfish opinion I won't think it will be bad for all. As you stated "This will cause the SP to drop further than the fundamentals". To dump there has to be buyers. I will be a buyer.
At the extreme worse case scenario the share can only drop to .001 .
And if as you state the share price is below fundamentals then .002 would be on the cards come the new FY.
I will take a 100% profit any day of the week ( ala PCL)
However I readily admit I have no idea what the low point price will end up being and profit may not be 100%.
I do feel though there may be an opportunity to get in during a dump at a price below what it fundamentally should be.
In my own selfish opinion I won't think it will be bad for all....
-
- There are more pages in this discussion • 13 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add FAR (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
50.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $46.66M | |||
| Open | High | Low | Value | Volume |
| 50.5¢ | 50.5¢ | 50.5¢ | $14.48K | 28.69K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 5356 | 50.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 51.0¢ | 59999 | 2 |
View Market Depth
| Last trade - 15.44pm 12/07/2024 (20 minute delay) ? |
| FAR (ASX) Chart |