just think while the market price, is just supply and demand, an exchange of who wants to buy , and who wants to sell, based on their outlook, and profits/ losses they are willing to hold.
Times change, peoples need for cash in fear rises, or when an announcement drops, that opens some other door, that the buy side returns the greed side of the equation. The merits may not change, or they may de-risk, or they may fail.
But if you think back to the beginning, when this was a 1c stock. There were buyers and sellers. They lacked vision. The seller gave up 1c, because the buyers only bid at 0.9c. And were few in number. What was the outlook ? Has anything changed in merit ? What changes over time is the registry. Some will now say, mine are not for sale. Others will loosen grip at 3-4c. And a year ago, 20c was also in the buy sell sentiment. How was it priced there ? The registry in most was happy to watch that journey, unveil the recognition of forward potential in the absolute stratosphere.
Mans folly is that he forgets. And is coerced into momentum think, losing sight of the height of what he is climbing..
The punter at 1c, 20c,3c all look at the same prize measured in dollars, and others trade the momentum.
The sellers on the other hand, take profits, or protect capital, and forgo a life changing win on the prize.
Some do not invest for the prize win, only the direction, and doors of money flow that come from awakening awareness.
IBX has ridden the wave of awakening, and has ridden the deflation wave of the impatient, hit with a bear market flight to cash. But in bear markets, wins are hard to come by. It comes back to whether you think the dice is stacked in your favor to deliver. Speculation of that can dry up, But the prized outcome is still the same.
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Last
3.8¢ |
Change
-0.002(5.00%) |
Mkt cap ! $1.329M |
Open | High | Low | Value | Volume |
4.0¢ | 4.4¢ | 3.8¢ | $1.204K | 30.03K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 16942 | 3.7¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
3.8¢ | 666 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 16942 | 0.037 |
1 | 10000 | 0.036 |
2 | 128799 | 0.035 |
1 | 42385 | 0.034 |
2 | 30152 | 0.033 |
Price($) | Vol. | No. |
---|---|---|
0.038 | 666 | 2 |
0.044 | 1654 | 1 |
0.045 | 2730 | 1 |
0.055 | 188 | 1 |
0.056 | 6320 | 1 |
Last trade - 15.59pm 16/08/2024 (20 minute delay) ? |
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IBX (ASX) Chart |