It’s always unpleasant to sit on paper losses but even more unpleasant to realise them, especially when there is absolutely no logical reason to do so. I cannot see anything about this company that has changed since their IPO other than seed investors taking profits and creating a buying opportunity for others. If BIO did their IPO at current prices they would be offering the business at around $10m pre-money - you don’t see offers like that often or at least I haven’t.
I think the drop in share price is just noise for now. I will be looking to the company’s fundaments. As far as I am concerned, nothing has changed
It’s always unpleasant to sit on paper losses but even more...
Add BIO (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
37.5¢ |
Change
0.005(1.35%) |
Mkt cap ! $78.74M | |||
| Open | High | Low | Value | Volume |
| 37.5¢ | 37.5¢ | 37.0¢ | $72.00K | 192.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 115688 | 36.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 37.5¢ | 31812 | 3 |
View Market Depth
| Last trade - 12.15pm 17/06/2024 (20 minute delay) ? |
|
|||||
|
Last
37.0¢ |
Change
0.005 ( 0.11 %) |
||||
| Open | High | Low | Volume | ||
| 37.5¢ | 38.0¢ | 37.0¢ | 54469 | ||
| Last updated 11.53am 17/06/2024 ? | |||||
| BIO (ASX) Chart |
