You can't blame the retail punter from jumping ship now as BSX is going against the market trend at present. The opportunity cost scenario weighs heavy on retail investors as they watch other penny stocks 1 or 2 bag in a few sessions.
One thing at the spec end of town I know if you stay silent for long and have a road block with news flow it doesn't bode well for the SP no matter how justified the reasons are for example delays at assay labs etc. It can all turn around in one announcement but the silence this week from the company has seen a wall of selling in the mid to late 30's. BSX is currently trading -32.46% since the highs in mid Feb and what's the market done in this time?
BSX Day to Day SP discussion, page-855
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Last
5.4¢ |
Change
0.002(3.85%) |
Mkt cap ! $28.30M | |||
| Open | High | Low | Value | Volume |
| 5.2¢ | 5.4¢ | 5.2¢ | $1.718K | 32.24K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 95763 | 5.4¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 5.5¢ | 5000 | 1 |
View Market Depth
| Last trade - 12.24pm 03/05/2024 (20 minute delay) ? |
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Last
5.4¢ |
Change
0.002 ( 3.85 %) |
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| Open | High | Low | Volume | ||
| 5.4¢ | 5.4¢ | 5.4¢ | 31091 | ||
| Last updated 12.24pm 03/05/2024 ? | |||||
| BSX (ASX) Chart |