This is the reason I don't like steep price rises as happened recently, give me the one to two cents rise per day any day.
Having said that this is a journey ASM is on, if we are going to squabble over a price drop then by all means squabble over a price rise.
We invest in this company because we believe in:
1. The Fundamentals
2. The Management
3. The Business Model
4. The Market Potential
5. The Technology
Should my investments be governed by a graph?
A graph does not tell me what happens at the board meeting, what direction management steer a company, the time-table that sets out proposed developments, emerging industries which can benefit from IP that the company owns, etc, etc, etc.
Many people who have sold recently will be sitting on cash, and if they have belief in the company then that cash will reappear somewhere down the track.
Just my thoughts.
ASM Chart Thread, page-114
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Last
$1.01 |
Change
-0.020(1.94%) |
Mkt cap ! $181.5M | |||
| Open | High | Low | Value | Volume |
| $1.02 | $1.02 | $1.01 | $112.4K | 110.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 9 | 45409 | $1.01 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.03 | 3836 | 1 |
View Market Depth
| Last trade - 16.10pm 02/05/2024 (20 minute delay) ? |
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Last
$1.02 |
Change
-0.020 ( 0.47 %) |
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| Open | High | Low | Volume | ||
| $1.02 | $1.03 | $1.01 | 17112 | ||
| Last updated 15.59pm 02/05/2024 ? | |||||
| ASM (ASX) Chart |