I’ve learned that with commodities you divide the amount of money you want to spend into 12 and you drip into the stock at lower price points because commodities always go lower than what you think is possible.
Thats why I say I like IVR at 0.009 and I have bought at that price but it can easily go so much lower.
Keep some powder dry, I learned this from one of the best traders I know.
IVR Chart, page-57
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 (20min delay)
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Last
4.0¢ |
Change
-0.002(4.76%) |
Mkt cap ! $63.55M | |||
| Open | High | Low | Value | Volume |
| 4.2¢ | 4.2¢ | 4.0¢ | $157.7K | 3.849M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 314950 | 4.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 4.1¢ | 1077267 | 1 |
View Market Depth
| Last trade - 15.58pm 11/11/2024 (20 minute delay) ? |
| IVR (ASX) Chart |