An honest question, not sarcasm. I’ve never understood any of the conspiracy theories rife on every HC stock, like alleged cappers and what not. So here is my question. If a company holds enough stock to drive the share price down by dumping, then how can dumping their stake increase their holding over the long-term? If the market is that sensitive on the way down, don’t they risk it doing the same when they want to get back onboard? I really don’t get how selling could be a successful strategy to increasing your stake?
Until someone proves otherwise, my view is the short-term SP is mostly random fluctuations around a trendline. That’s why I don’t care about the price over the short term. My time-frame is 2 to 5 years. If the SP hasn’t moved by then, that’s the time I'll sell. I only bought QPM recently. Could have got it cheaper. But for me, that’s a big "so what", as my time frame for this stock is 5 years.
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Last
3.1¢ |
Change
-0.002(6.06%) |
Mkt cap ! $78.15M |
Open | High | Low | Value | Volume |
3.4¢ | 3.4¢ | 3.1¢ | $31.13K | 964.3K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
8 | 838145 | 3.1¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
3.2¢ | 40000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
8 | 838145 | 0.031 |
12 | 774766 | 0.030 |
10 | 1036644 | 0.029 |
5 | 510588 | 0.028 |
1 | 400000 | 0.027 |
Price($) | Vol. | No. |
---|---|---|
0.032 | 40000 | 1 |
0.033 | 52610 | 2 |
0.034 | 351949 | 6 |
0.035 | 347111 | 2 |
0.036 | 761637 | 5 |
Last trade - 16.10pm 04/09/2024 (20 minute delay) ? |
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QPM (ASX) Chart |