Australia's largest stock trading and investment forum Australia's #1 stock forum

BAS

Click for more information

4.35%

7.2¢ bass oil limited

General discussion thread, page-74

First 74 Last

Share
Profile

Follow
Boursebandit

1,117 Posts.

268

23/01/23

16:00

Post #: 65835096
Share

Originally posted by stevenjd: ↑

Sellers look at short term profits in the rear vision mirror, and sometimes that can overtake exhausted buyers.

Take this morning for instance, big volumes buying over 20c, and that exhausted that buyer wave.
Then you have further sellers in the afternoon who decide to exit, without waiting for the next bus load of buyers.

Theres one question a genuine seller would consider, is 50m mc, a fair payout on the assets in hand, to cash they can generate, and matched against the value that peers hold ? Thats certainly a thought that the buyers are happy to take from neglectful sellers. Or is that seller only happy to bank short term profits ?

You can exhaust one group, buy or sell, then the other with lesser volume can move the sp about more dramatically.

The train doesnt get to the end destination in one session. Look at the year ahead, and satisfy that question.
Is 50m on the cheap end entry for where this is headed ? Then dont sweat the noise in between.

Expand

yah. Call me Elvis! Stevie Jay!

BAS Price at posting: 18.5¢ Sentiment: Buy Disclosure: Held
4 Upvote

0 Great analysis

Reply

There are more pages in this discussion • 4,725 more messages in this thread...

First 74 Last

Add BAS (ASX) to my watchlist

(20min delay)
Last 7.2¢		Change 0.003(4.35%)		Mkt cap ! $20.40M

Open	High	Low	Value	Volume
7.0¢	7.2¢	6.8¢	$40.13K	588.3K

Buyers (Bids)

No.	Vol.	Price($)
3	173010	6.8¢

Sellers (Offers)

Price($)	Vol.	No.
7.4¢	99614	1

View Market Depth

No.	Vol.	Price($)
3	173010	0.068
3	84925	0.067
2	450000	0.066
4	73846	0.065
1	33400	0.064

Price($)	Vol.	No.
0.074	99614	1
0.075	303333	1
0.076	150000	1
0.078	8000	1
0.080	182664	3

Last trade - 16.10pm 02/05/2024 (20 minute delay)


Last 7.1¢			Change 0.003 ( 2.90 %)
Open	High		Low	Volume
7.0¢	7.1¢		6.8¢	84746
Last updated 15.17pm 02/05/2024 ?

BAS (ASX) Chart