Sorry folks this seems like a set up.
The last time the SMN volume traded over 200K was the 5th of September when the closing price was 1.225.
Since then 22 days traded a volumes of under 50k. On the lowest day only 6k shares had been traded and the share price has dropped to 99 cents.
Also easy.
That's a drop of 19.2% drop on nothing volumes. They are shaking the tree to see how many retail investors fall to the ground.
Remember that the stock market was created to take money from the impatient to give to the patient.
It not all that hard folks. Just wait for the revenue. Do I believe that the revenue will start to surface before this time next year? Yes I do.
Is that a long time to wait? No at my age sometimes I think that 3 months go by after just bending over to tie up my shoe laces.
Once the revenue starts to flow the manipulation will be minimised. It won't completely go away but it will have less of an affect.
\
Nothing like a 20% drop in 2 months on nothing volumes.
These are just my opinions Folks DYOR.
Good Luck and hold tight.
cheers Lies.
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Sorry folks this seems like a set up.The last time the SMN...
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Last
71.0¢ |
Change
0.013(1.79%) |
Mkt cap ! $97.52M |
Open | High | Low | Value | Volume |
69.5¢ | 71.0¢ | 68.0¢ | $85.28K | 123.1K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 1500 | 70.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
71.0¢ | 36137 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 1500 | 0.705 |
1 | 5000 | 0.675 |
1 | 10000 | 0.670 |
1 | 4500 | 0.665 |
1 | 65500 | 0.655 |
Price($) | Vol. | No. |
---|---|---|
0.710 | 36137 | 2 |
0.715 | 12121 | 1 |
0.720 | 24473 | 2 |
0.730 | 13487 | 1 |
0.735 | 57143 | 1 |
Last trade - 16.10pm 29/08/2024 (20 minute delay) ? |
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SMN (ASX) Chart |