That's like saying BHP is/was a dog. With a 100 years of history we know the truth.
Ultras short-termers deserve to get handed their heads. When it gets a ridiculous (more ri ridiculous) price I'll just buy in/more mobilizing as much cash (dry powder) as I need to. The fund managers will do the same.
If I can draw a comparison with SFR around a year ago it think it got to the $3.30 mark around a year ago. Now it's $6.23.
It was always worth around $6.00 at least. Well, why did it get that thrashing? The short answer is I have no idea. The other one was bringing on the project in Botswana and decided to expand it on the hop. The chicken littles held sway for a short period.
All IMVHO.
New all time high, page-256
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Last
$6.87 |
Change
0.010(0.15%) |
Mkt cap ! $5.202B | |||
| Open | High | Low | Value | Volume |
| $6.87 | $6.95 | $6.87 | $9.597M | 1.386M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 11171 | $6.87 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.88 | 19580 | 5 |
View Market Depth
| Last trade - 16.10pm 07/06/2024 (20 minute delay) ? |
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Last
$6.88 |
Change
0.010 ( 0.28 %) |
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| Open | High | Low | Volume | ||
| $6.88 | $6.95 | $6.86 | 332288 | ||
| Last updated 15.59pm 07/06/2024 ? | |||||
| IGO (ASX) Chart |