Hi Posiedon Ark.....most people have their own positions and sometimes fate determines when you have to sell. in my case if all gos well and I do not need funds to bail me out of any future trouble..then I would be dictated to by Market sentiment and news available at the time
for instance I would like to be able to sell 10% of my holding above 20 cents if the share price had been maintained around these levels for at least 15 days ...this then signals to me that I am not pushing the price down to much as to effect the balance of my holding. also it would depend on what was the latest news .....for instance SP is 18 cents and news comes telling us we may have a hostile take over or JV with a large company well then I would be very hesitant to sell any. I think in most case people try to take profits and hold a major part , they try their best to get a free carry , this i believe is going on now ..eventually this stops and the SP creeps up day by day backed by positive news and market sentiment of the resource. if someone purchased say 4 million shares at between 1.4 and 1.8 ...then sold 1 million at 6.8 cents .
that would then give him or her a free carry of 3 million shares , this is a smart person. and a good idea ..I believe this is what happened from our last high of 5.3 then down....the only difference now is we have advanced 6 to 9 mths from then and our resource is looking more positive so I think the run maybe a little slower but a lot safer....in answer in short sorry for the BLA BLA BLA ...IT WILL DEPEND ON THE PREVIOUS NEWS when considering to sell...cheers
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Hi Posiedon Ark.....most people have their own positions and...
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Last
12.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $7.814M |
Open | High | Low | Value | Volume |
12.5¢ | 12.5¢ | 12.5¢ | $581 | 4.651K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 6337 | 12.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
13.0¢ | 199437 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 6337 | 0.125 |
3 | 50779 | 0.120 |
1 | 50000 | 0.110 |
5 | 316907 | 0.100 |
1 | 50000 | 0.098 |
Price($) | Vol. | No. |
---|---|---|
0.130 | 199437 | 3 |
0.135 | 5232 | 1 |
0.140 | 5108 | 2 |
0.150 | 14528 | 2 |
0.155 | 212572 | 4 |
Last trade - 09.59am 03/07/2024 (20 minute delay) ? |
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