Degree of profit taking depends on the share register. With only 500 odd shareholders a lot of holders will be longer term.
My preference is to not have too big a charge on the opening day because you want everyone focused on the long term goal, and also you don't want people buying in at $1 on Day 2 then being disappointed when it finds its level and then talks about how the company is a big pump and dump con!!
CFOAM, page-167
-
- There are more pages in this discussion • 485 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add CFO (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
0.2¢ |
Change
0.000(0.00%) |
Mkt cap ! $1.468M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
| CFO (ASX) Chart |
Day chart unavailable