safer yes, i agree,
but banks don't give you the opportuity to earn 20 - 30% in a day or 90% within a month ;)
in all fairness Vayama has some sensible points and the figures he uses do stack up, however what i guess myself and many other people here are banking on is higher grades, reduced costs and market forces.
As i've said a couple of times TAM imo, has never traded on fundamentals yet plenty of people have made serious money here, sure lots have also copped out and they too make their voices heard.
For my mind TAM is becoming a traders stock, FML and SDL are two similar companies with truck loads of shares on issue, they only have a few BIG backers and the rest are smaller players or traders. But theres good returns trading the swings all week long. Like i also said i don't have long until my CGT is reduced and with the pipeline of ann due out over the next 6 months i'm happy to sit through and then i'll probably change tack and start trading. Lets face it buy at 5 sell at 5.5 and your making good % gains in one day ;)
cheers
Davo
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Last
3.1¢ |
Change
0.000(0.00%) |
Mkt cap ! $36.42M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 50000 | 3.1¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
3.3¢ | 18408 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 50000 | 0.031 |
2 | 348000 | 0.030 |
5 | 509484 | 0.029 |
3 | 350000 | 0.028 |
3 | 700000 | 0.027 |
Price($) | Vol. | No. |
---|---|---|
0.033 | 18408 | 1 |
0.034 | 88000 | 1 |
0.035 | 11720 | 1 |
0.036 | 253758 | 2 |
0.037 | 80000 | 1 |
Last trade - 16.12pm 11/09/2024 (20 minute delay) ? |
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TAM (ASX) Chart |
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