You have a point DDzx. That is the idea of taking money off the table - yep, will do this when I think we are getting towards the real value of Balama - in my view, thats a minimum of 5 and could even be 10 times the current share price - lets see how the drilling pans out and the maiden JORC comes in.
You are however wrong about the term wealth. I think you mean Profit, not Wealth, because if you think that Andrew Forrest, Gina Rinehart, Gerry Harvey or all of the other investors in the sharemarket that their wealth is not real (because it is in shares - or PAPER as you put it) and they should convert it to some REAL wealth then you are simply wrong. If however you think I should take some money off the table and realise a profit, then as I said thats a different story and a risk (in my view a low one) I am very happy to take.
BTW - I have already taken out of the market double my cost base and am happy to let everything ride from here
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Last
22.5¢ |
Change
0.025(12.5%) |
Mkt cap ! $232.8M |
Open | High | Low | Value | Volume |
20.0¢ | 22.8¢ | 20.0¢ | $775.3K | 3.579M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 3500 | 22.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
22.5¢ | 421976 | 7 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 3500 | 0.220 |
3 | 39346 | 0.215 |
6 | 157446 | 0.210 |
7 | 230635 | 0.205 |
21 | 1440185 | 0.200 |
Price($) | Vol. | No. |
---|---|---|
0.225 | 421976 | 7 |
0.230 | 182065 | 9 |
0.235 | 86923 | 3 |
0.240 | 276945 | 8 |
0.245 | 117367 | 6 |
Last trade - 16.10pm 12/09/2024 (20 minute delay) ? |
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