Its not about believing or holding or whatever. This stock is all about your buy in price and risk/reward at different stages.
I rather be holding at a 5c or 6c buy in on the promise of great things happening soon rather then at 12c.
So it may make perfect sense to some to sell now and buy back at 5c if you believe SM will deliver nothing again for another 6 months because of the slowness of government when all their cash will be gone again.
That's nothing to do with believing in the project or what the company is saying its more 'time' killing the company which is out of the companies control. So is this now all becoming a bet on the Zim government delivering rather than the company itself
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Last
6.8¢ |
Change
-0.001(1.45%) |
Mkt cap ! $103.1M |
Open | High | Low | Value | Volume |
7.1¢ | 7.1¢ | 6.8¢ | $14.59K | 209.8K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
4 | 87754 | 6.8¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
6.9¢ | 150002 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
4 | 87754 | 0.068 |
2 | 194997 | 0.067 |
4 | 400461 | 0.066 |
6 | 709935 | 0.065 |
3 | 532500 | 0.064 |
Price($) | Vol. | No. |
---|---|---|
0.069 | 150000 | 1 |
0.072 | 405000 | 2 |
0.073 | 370281 | 3 |
0.074 | 453798 | 2 |
0.075 | 1381014 | 2 |
Last trade - 15.59pm 01/11/2024 (20 minute delay) ? |
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IVZ (ASX) Chart |