It's seems to me people are becoming emotional and irrational based simply on a price that a random group of people trade shares at each day.
Rather than considering the known facts and fundamentals some are preferring to speculate/guess that the price reflects the true value each day and attempt to justify this with reasons such as the dose sales growth has suddenly drastically changed for some unexplained reason.
Keep speculating/guessing/panicking as it creates the opportunity for us long term fundamental value investors to get a solid company at a cheap/irrational price.
If nothing else changed except the company was trading at $40 I doubt there would be so much fear and speculation however in reality the greatest safety margin is buying at today's prices.
It's seems to me people are becoming emotional and irrational...
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Last
12.8¢ |
Change
0.003(2.00%) |
Mkt cap ! $54.11M | |||
| Open | High | Low | Value | Volume |
| 12.5¢ | 13.5¢ | 12.5¢ | $100.8K | 776.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 710395 | 12.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 13.0¢ | 424086 | 3 |
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| Last trade - 15.58pm 21/06/2024 (20 minute delay) ? |
| SRX (ASX) Chart |