To me (as naive as I am...), it seems only two logical reasons why the SP has fallen with these positive anns and seemingly bright horizons; (Nice article too thanks @Raki)
(1) Someone knows something's going pear-shaped in the company and is getting out - insiders telling others to sell off. Bad darts. And unlikely. or;
(2) Yep, the big dudes are whacking the SP down in readiness for a smash and grab play.
I'm going with (2). The longer us 'little' dudes can hold out the less believable the lower SP will be if the anns keep coming. Gonna top up some more of my little holding on Monday and cross my fingers that a bidding war ensues...hopefully soonish.
Oh yeah, and we all end up as wealthy cashed up happily retired folk.
GLTAH, stay safe
To me (as naive as I am...), it seems only two logical reasons...
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Last
5.5¢ |
Change
0.003(5.77%) |
Mkt cap ! $404.2M | |||
| Open | High | Low | Value | Volume |
| 5.2¢ | 5.7¢ | 5.2¢ | $802.5K | 14.79M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 348447 | 5.4¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 5.5¢ | 1214875 | 6 |
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| Last trade - 16.10pm 09/08/2024 (20 minute delay) ? |
| IMU (ASX) Chart |