Yes, a decent retrace. A bit of shorting also maybe. I have got too many of these and if I had been smart I should have sold maybe 5 or 10% when it got to 38/39/40 cents and hovered round there for a few days. So I am guessing there were smarter people than me that sold some going into the high 30's. 26 cents to 40 cents is a decent rise in probably too short a time actually. I think as long term holders ( me over 5 years ) we tend to think this stock is worth around 60-80 cents right now and therefore 40 cents is only half way there so we keep on holding. The smart players peel off a few. I think the stock is probably worth around 50 cents right now ( market cap around $880 ) however when Sengkang particularly comes on, the p/e itself will make it worth upwards of 80 cents with a market cap of $1.3b or thereabouts. Get some of these promised projects delivering cash flow and sustainable profits and not only will the p/e dictate the share price but there will also be some expectation value added on also. Just my opinion.
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Last
1.1¢ |
Change
-0.001(8.33%) |
Mkt cap ! $33.86M |
Open | High | Low | Value | Volume |
1.1¢ | 1.1¢ | 1.1¢ | $550 | 50K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 829016 | 1.1¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.5¢ | 394244 | 4 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 829016 | 0.011 |
1 | 500000 | 0.010 |
5 | 3448619 | 0.009 |
2 | 735000 | 0.008 |
2 | 890600 | 0.007 |
Price($) | Vol. | No. |
---|---|---|
0.015 | 394244 | 4 |
0.019 | 509255 | 1 |
0.020 | 79887 | 1 |
0.024 | 250000 | 1 |
0.025 | 10000 | 1 |
Last trade - 10.31am 04/09/2024 (20 minute delay) ? |
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