Many years ago people discovered if you owned a commodity of value ( shells )( dugong meat) (tiger teeth) ( tea ) ( coffee)( stone axes) ( wheat )
Eventually someone would turn up and want to trade a commodity of theirs they had no use for , for your commodity they had a use for.
This practise grew to the point where people were turning up on their camels and donkeys to a designated place where people would be trading commodities from all over their region. It was not long before the smarter traders decided to give the place a name.
They called it a MARKET.
Absolutely no different than the market we all trade in on a daily basis. People will pay a high price for a good commodity , ( wbc , btt , bhp , wes , csl, coh, etc etc )
The same people will some times speculate on commodity’s which one day may or may not be worth something or nothing at all , ipp , nen , msb, eld , and so it goes.
Please , enough BS about the shorters , its beginning to sound like day light saving stops the cows from giving milk.
A market is a market , that’s it. People will pay dearly for good stock , they will always be sceptical about stock which has not yet proved it’s self.
If and when this stock becomes a valuable commodity that people want, I can guarantee you the traders will be turning up in their thousands, however, do not expect that to happen until it actually proves to be valuable.
Forget the damm shorters. Look at the fundamental worth of the product in question and the financials, at this stage of the Evolution of this company , that’s all you have to go on. A good stock will continue to rise , shorters or not.
- Forums
- ASX - By Stock
- MSB
- forget the shorters
forget the shorters
Featured News
Add MSB (ASX) to my watchlist
|
|||||
Last
96.5¢ |
Change
-0.005(0.52%) |
Mkt cap ! $1.101B |
Open | High | Low | Value | Volume |
96.5¢ | 99.5¢ | 96.0¢ | $2.283M | 2.340M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 29300 | 96.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
97.0¢ | 20000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 29300 | 0.965 |
12 | 149369 | 0.960 |
4 | 49283 | 0.955 |
8 | 162786 | 0.950 |
3 | 79500 | 0.945 |
Price($) | Vol. | No. |
---|---|---|
0.970 | 20000 | 1 |
0.975 | 25589 | 3 |
0.980 | 119783 | 8 |
0.985 | 23639 | 4 |
0.990 | 105300 | 7 |
Last trade - 16.10pm 26/08/2024 (20 minute delay) ? |
Featured News
MSB (ASX) Chart |