this is the age of "instant gratification" nowadays... IF good news comes in, the stock rerated ON THAT DAY itself - all the big moves get done on that very day...
look at ESK yesterday - one good announcement and stock goes from 12c (previous close) to $2 in matter of one trading day... may go higher, who knows? But the point is that good news gets to see the action now ASAP...
hence trying to "time the buy" is a bit of an issue for such stocks where the news could be imminent... I prefer to hang in once I have done my accumulation.. a few cents of movement up/down could just be the noise that could take your eyes off the screen and miss the big move...
CCA is fantastically poised to be one such mover as we saw last year... and now we already have one customer... imagine the next announcement of a bigger customer - the run could be spectacular.... I will ride out these retracements that we are seeing (18-->11) now... we all had a great opportunity to buy big @ 5c and most of us did....
sit back and relax... IF the company has the goods, the sp will rerate when the time is ripe... A LOT OF HARD WORK IS DONE...
this is the age of "instant gratification" nowadays... IF good...
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 (20min delay)
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Last
6.5¢ |
Change
0.005(8.33%) |
Mkt cap ! $40.17M | |||
| Open | High | Low | Value | Volume |
| 6.2¢ | 6.5¢ | 6.2¢ | $40.33K | 628.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 200000 | 6.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 6.5¢ | 11356 | 1 |
View Market Depth
| Last trade - 16.10pm 04/06/2024 (20 minute delay) ? |
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Last
6.5¢ |
Change
0.005 ( 8.33 %) |
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| Open | High | Low | Volume | ||
| 6.3¢ | 6.5¢ | 6.3¢ | 125362 | ||
| Last updated 14.08pm 04/06/2024 ? | |||||
| CCA (ASX) Chart |