Looks like Nvidia drove the Nasdaq down.....a chip maker for AI...

  1. 1,579 Posts.
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    Looks like Nvidia drove the Nasdaq down.....a chip maker for AI computers (in response to that new Chinese AI model) - so maybe that news dragged a range of stocks down in the area?? Maybe the red day (and into this week until news) could have been influenced a bit by that? (even though not really related to MTM).

    Or was it rather due to a change in MTM fundamentals? @Fundamentals - mmmm don't think so. Is it because it might be overvalued atm (Commsec $128M MC) - possibly yes - esp at around that $100M mark.

    Maybe might just be market ups/downs - I think I posted a while ago re potential to go to about 20 on the fib retracement (but I'm not a chartist by any means Would be great if Indium related announcement was provided so we can see more detail on how that collaboration will mean to the revenue bottom line - prob won't be for a while though until plant designed and built?

    Oz might get his fill yet lol All fun and games NFA

    GLAH

    (PS : I am not smart enough to time the market (eg) sell at 30 and buy back in later - I wish I did have that confidence but am staying long rightly or wrongly


    https://hotcopper.com.au/data/attachments/6766/6766998-18f61f28992946257b034dd12a55ce5f.jpg
 
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Last
72.5¢
Change
-0.090(11.0%)
Mkt cap ! $378.2M
Open High Low Value Volume
80.5¢ 80.5¢ 72.0¢ $5.222M 6.987M

Buyers (Bids)

No. Vol. Price($)
5 66753 72.5¢
 

Sellers (Offers)

Price($) Vol. No.
73.0¢ 90418 15
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Last trade - 14.53pm 31/07/2025 (20 minute delay) ?
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