correct. here no one is willing to punt on a stoxk like this in big enough size to give it a market cap of 500m+ there is a plethora of us smaller risk takers that can value a company at 50-100m but you need real insto money to take it from there.
or AIM where the sheer collective size of insane punters takes over.
We are now factoring something big - I have no problem with that - I still think somewhere between 30-50c is possible to defend but at 50c we are susceptable to dissapointment from any bad results - at 10c it didn't seem to matter if they tripped up on something.
- Forums
- ASX - By Stock
- RRS
- looks like a breakout is about to occur
looks like a breakout is about to occur, page-4
-
- There are more pages in this discussion • 2 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)