I think its a case of brokers love to flog overbought shares to unsuspecting punters. QBE is a fine example, just about every well known broker came out with pie in the sky targets a couple of months back, meanwhile the share has fallen ever since...
They promote shares they want to flog off, let them fall, buy them back then promote them to flog off again.
Nothing specific to SFR intended here. It amazes me how many of the nearology shares have risen, SFR have the goods and have a signifigant find, the others have absolutely nothing, and for the most part, no money to develop or explore thoroughly anything they might find. There is only one doolgana share, it is this one and fresh air second third and fifth imo...
do brokers love "over bought" shares?, page-7
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Last
$10.55 |
Change
-0.010(0.09%) |
Mkt cap ! $4.836B | |||
| Open | High | Low | Value | Volume |
| $10.90 | $10.92 | $10.54 | $15.00M | 1.405M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 4884 | $10.53 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $10.56 | 5805 | 2 |
View Market Depth
| Last trade - 16.10pm 08/11/2024 (20 minute delay) ? |
| SFR (ASX) Chart |