We've already seen this, only a few months ago we dropped from 39c back to 11c. Now we're in the ASX200 the volatility will just increase as the instos, funds, etc scramble to get in at the cheapest possible price. Why buy at 35c when they know they can drive it down and accumulate along the way?
Nothing has changed fundamentally, it's not like we've issued a negative announcement. Let the big boys play their games, they'll let it run eventually when they get their fill. Shut down the computer and come back early next year and barring any calamity, we won't be trading in the 20s. If you're an investor you shouldn't be buying in expecting a lambo after a few months.
Yes, yes, it's frustrating, but it's not like we're FFX (a company I sadly invested in, thankfully only a small amount)
We've already seen this, only a few months ago we dropped...
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Last
4.4¢ |
Change
0.004(10.0%) |
Mkt cap ! $452.9M | |||
| Open | High | Low | Value | Volume |
| 4.0¢ | 4.5¢ | 3.9¢ | $6.247M | 146.6M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 389035 | 4.4¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 4.5¢ | 9873690 | 54 |
View Market Depth
| Last trade - 16.10pm 10/05/2024 (20 minute delay) ? |
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Last
4.5¢ |
Change
0.004 ( 11.5 %) |
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| Open | High | Low | Volume | ||
| 4.1¢ | 4.5¢ | 4.0¢ | 97842107 | ||
| Last updated 15.59pm 10/05/2024 ? | |||||
| SYA (ASX) Chart |