The short term SP is not important unless you are a trader. It is the 6mth to 2 year SP range that is more meaningful. This could be worth several hundred per cent increase in that time or nothing. It all depends on what the drilling finds.
Short term expectation will only lead to frustration and poor decision making on investors part. Set your price and stick to it. Do notbegrudge if the SP exceeds your own price - you will have made a profit and that profit can go towards another under performing stock or spread amongst several thereby increasing your odds of overall success.
My target is 50c as that will be a three bagger for me then i will move on and find another. the early gains are often the easiest to make with small cap stocks.
Good luck to all
Chiswell
Chiswell
any guesses on mon's sp?, page-6
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Last
5.3¢ |
Change
-0.002(3.64%) |
Mkt cap ! $39.49M | |||
| Open | High | Low | Value | Volume |
| 5.5¢ | 5.5¢ | 5.3¢ | $83.26K | 1.516M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 234750 | 5.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 5.5¢ | 340510 | 1 |
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| Last trade - 16.10pm 15/11/2024 (20 minute delay) ? |
| CTP (ASX) Chart |