Zip,
I can't really feel sorry for the flippers. They have had a dream run for too long with the share trading in a persistent range.
These are the shareholders we need to swap out for new long termers. What we need is higher lows for a few cycles. So, if we stay in the high 7 - 8c area until the next move up, then some ST holders/flippers will be reluctant to buy back in. People on HC will say 'where is so-and-so, he was one of the pom-pom brigade, and now he never posts?'
Malcy Not giving up on BP, page-137
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Last
49.5¢ |
Change
-0.005(1.00%) |
Mkt cap ! $45.74M | |||
| Open | High | Low | Value | Volume |
| 50.0¢ | 50.0¢ | 49.5¢ | $61.72K | 124.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 241 | 49.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 50.0¢ | 867 | 1 |
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| Last trade - 16.10pm 13/11/2024 (20 minute delay) ? |
| FAR (ASX) Chart |