There are those who chase the short term rises and those who invest.
Short term positions are exactly that – ‘jump in’ - cover the spread and make a few percent – then jump out and repeat elsewhere.
The volume of shares being traded indicate that it’s the ‘froth’ that is making the short term price – not the investors who hold the majority share holding.
'Froth' tends to evaporate if no news for a few weeks to stir the 'excitement' up - watch the froth reappear upon further news.
Business as usual….
Just A Thought....., page-21
-
- There are more pages in this discussion • 5 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add COI (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
19.0¢ |
Change
0.005(2.70%) |
Mkt cap ! $210.4M | |||
| Open | High | Low | Value | Volume |
| 19.0¢ | 19.0¢ | 19.0¢ | $48.17K | 253.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 367524 | 18.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 19.0¢ | 216400 | 3 |
View Market Depth
| Last trade - 10.43am 02/07/2024 (20 minute delay) ? |
| COI (ASX) Chart |