There is absolutely nothing wrong with taking " less of a gamble" with what is a purely speculative company right now. I thought about it for a while, and I cannot see the share price opening 700% higher the day after positive ARDS news comes out and then not rising further.
I could be wrong - but can you show ANY company, EVER that has increased over 700% overnight. The companies I have found, generally rise a little overnight, and then continue rising for weeks after, and the announcements might take a month to sink in ( that is for a single announcement )
They might end up with half the profit that someone holding before the announcement .... but 1/7 th I don't think so.
MSB Trading 2020 - a new dawn, page-11021
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Last
$1.13 |
Change
0.035(3.21%) |
Mkt cap ! $1.284B | |||
| Open | High | Low | Value | Volume |
| $1.09 | $1.13 | $1.07 | $3.910M | 3.535M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 27197 | $1.11 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.13 | 43578 | 3 |
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| Last trade - 16.10pm 27/09/2024 (20 minute delay) ? |
| MSB (ASX) Chart |