I don't want to take anything away from all the bullish posts on this thread, or the hard work behind them. But this is a dangerous market; lots of forced selling, sometimes into illiquid markets.
Peak to trough PAR is down 72% in a month. If it goes, say, another 5% down to 77%, that would put PAR at ~$1, so another 30% down from here.
I think XJO has a ways to go yet on the downside - it is hard to wrap your head around how badly the economy could get hit. I have no opinion on when PAR bounces, but fear a close below 1.3 could bring on another wave of selling.
I want to start a position, but would rather miss the start of the rebound than take a 30-50% haircut from the get-go.
I hope everyone is being sensible about position sizes and risk management.
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Last
24.0¢ |
Change
0.015(6.67%) |
Mkt cap ! $83.98M |
Open | High | Low | Value | Volume |
22.5¢ | 24.0¢ | 22.5¢ | $173.6K | 743.6K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
8 | 99346 | 22.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
24.0¢ | 131244 | 5 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
8 | 99346 | 0.225 |
5 | 44676 | 0.220 |
7 | 82313 | 0.215 |
13 | 181424 | 0.210 |
8 | 128042 | 0.205 |
Price($) | Vol. | No. |
---|---|---|
0.240 | 131244 | 5 |
0.245 | 56918 | 2 |
0.250 | 89857 | 4 |
0.255 | 100000 | 1 |
0.260 | 1333 | 1 |
Last trade - 16.10pm 13/11/2024 (20 minute delay) ? |
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PAR (ASX) Chart |