See Wat445's post. It's about as good an explanation as I've seen.
As someone who went all in ~$15, it's a game of patience and having the stomach to endure the instos and shorters. The ugly negative figure in my portfolio is only temporary and would only cause me real grief if I had weak hands and dumped it with an eye-watering loss. If I were intending to stick around as a long term holder it would be a complete non-issue, but I took this on as a swing trade envisaging a few days at the most.
Now that I've been holding for two weeks I'm actually keen for the stock to keep pushing down and get this game over and done with so we can finally bounce back.
Chart Update, page-7248
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Last
$6.85 |
Change
-0.030(0.44%) |
Mkt cap ! $4.952B | |||
| Open | High | Low | Value | Volume |
| $6.93 | $6.98 | $6.83 | $10.27M | 1.490M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 18844 | $6.84 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.85 | 41602 | 1 |
View Market Depth
| Last trade - 16.10pm 15/07/2024 (20 minute delay) ? |
| A2M (ASX) Chart |