Hi Moneytree
I hear you that there is a price for everything.
However, your example confirms what I was saying. If STX was at $0.50 we'd be 2 to 3 times the market cap of Senex. This is my point around market cap today vs market cap in a years time.
The other point is that I can't see what assets the likes of Senex, Beach and Drillsearch have that could over a relatively short-medium timeframe cause a 5-10++ times market cap increase in their respective share prices. Hence why I don't want to own their scrip.
All IMO and spec. Risk v reward!
In the meantime let's hope Nip's dream comes true!!
Cheers
Adaltiora
I had another dream, page-42
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Last
20.5¢ |
Change
0.005(2.50%) |
Mkt cap ! $587.4M | |||
| Open | High | Low | Value | Volume |
| 20.0¢ | 20.5¢ | 19.8¢ | $921.8K | 4.574M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 9 | 431071 | 20.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 20.5¢ | 1685893 | 27 |
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| Last trade - 16.10pm 17/09/2024 (20 minute delay) ? |
| STX (ASX) Chart |