BPH 5.26% 1.8¢ bph energy ltd

Yeah I know what you're saying but what I'm seeing here is not "...

  1. 160 Posts.
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    Yeah I know what you're saying but what I'm seeing here is not " maybe we lose 10 - 20% of our money if the share price drops and holds.." but 50% or more.. hell you are risking 50% to gain 50% at this point.. unless you think the share price can double. Is there any difference from a $1 per share company doubling to $2 per share and going from 0.2c to 0.4c. In other words just because one buyer thinks the company is worth .3c the share price doesn't just stay there.. it will likely fall back to 0.1c

    I'm thinking of putting in an order but I've been stung before and right now it looks like hype to me. I can't help but wonder if as soon as this stock hypes to .03c that half a billion get sold down back through 0.2 to mums and dads investors and down to 0.1c again.. hell down to 0.08c

    Does anyone else not suspect this or am I paranoid?
 
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Last
1.8¢
Change
-0.001(5.26%)
Mkt cap ! $20.65M
Open High Low Value Volume
1.9¢ 2.0¢ 1.8¢ $91.52K 4.868M

Buyers (Bids)

No. Vol. Price($)
9 1956600 1.8¢
 

Sellers (Offers)

Price($) Vol. No.
1.9¢ 1000000 1
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Last trade - 15.48pm 28/06/2024 (20 minute delay) ?
BPH (ASX) Chart
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