No serious investor believes that HotCopper has much influence on the share price of company.
Negative posting that coincides with a fall in the share price is almost never causation.
S2 investors and those thinking about investing in the company must be asking yourselves why the share price has fallen as dramatically as it has and could do again on Monday if the negative chart signals MACD and 50-period simple moving average are correct and they are usually reliable.
The retrace on Monday is very likely to result on a total fall of 22% imo
My posts have suggested some reasons but have been strongly rejected with legal threats and revenge posting.
So what do members on this thread think the reason for the large fall is ???
No serious investor believes that HotCopper has much influence...
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Last
12.5¢ |
Change
0.005(4.17%) |
Mkt cap ! $56.60M | |||
| Open | High | Low | Value | Volume |
| 12.0¢ | 12.5¢ | 12.0¢ | $155 | 1.285K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 91475 | 12.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 12.5¢ | 4018 | 1 |
View Market Depth
| Last trade - 15.41pm 03/05/2024 (20 minute delay) ? |
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Last
12.5¢ |
Change
0.005 ( 4.17 %) |
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| Open | High | Low | Volume | ||
| 12.0¢ | 12.5¢ | 12.0¢ | 16946 | ||
| Last updated 15.26pm 03/05/2024 ? | |||||
| S2R (ASX) Chart |