TAM 3.03% 3.2¢ tanami gold nl

is it the right time to buy now?, page-20

  1. 9,286 Posts.
    Catsgrave

    You can see bundyau and trent26 are surprised at the TAM share price.

    Why? Because based on reasonable 'fundamentals' it is too expensive.

    So to the conservative common sense investor like Bundyau, Trent and I, this is too expensive.

    But for the brave trader who is willing to run with this until one day it abruptly turns, it is a buy.

    Each day, they buy 500,000 shares and then sell those shares. If they can sell at 0.5 cents profit, they make $2,500 for a day's work.

    TAM is a penny stock. Each day 60M to 150M shares are being traded.

    100M bought and 100M sold.

    100M shares are wanted. 100M shares are not wanted.

    Each day, TAM is on the list of the highest traded stocks.

    So you need to decided what method you want to apply to the ASX.

    If you want ordinary investments you can buy and then forget or check on every day or two, you do not buy TAM.

    Currently, if you wish to play in the TAM casino, you must be very vigilant.
 
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Last
3.2¢
Change
-0.001(3.03%)
Mkt cap ! $37.60M
Open High Low Value Volume
3.3¢ 3.3¢ 3.2¢ $13.18K 411.9K

Buyers (Bids)

No. Vol. Price($)
1 166773 3.3¢
 

Sellers (Offers)

Price($) Vol. No.
3.4¢ 3957155 2
View Market Depth
Last trade - 10.44am 11/10/2024 (20 minute delay) ?
TAM (ASX) Chart
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