Precisely. I am very cautious about spreading rumors 'impending' substantial announcements without certainty. This strategy could backfire significantly as many would be under the impression of imminent positive announcement only to be disappointed by no deals or over the line positive news. Look at what happened with A2m. Analysts predicted it to net $940 million in sales, but when it came at $920 million it dropped 20% in a minute. Mind you the $940 target was proposed by a random analyst and not by A2m. So its best to stay calm, trade the technicals or the fundamentals without hyping uncorroborated claims that could backfire.
Precisely. I am very cautious about spreading rumors 'impending'...
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Last
28.5¢ |
Change
-0.005(1.72%) |
Mkt cap ! $76.01M | |||
| Open | High | Low | Value | Volume |
| 29.5¢ | 30.0¢ | 28.5¢ | $156.2K | 542.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 5999 | 28.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 29.0¢ | 5315 | 3 |
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| Last trade - 16.10pm 01/11/2024 (20 minute delay) ? |
| CPV (ASX) Chart |