PEK 2.44% 20.0¢ peak rare earths limited

Just switched on to find some amusement has been happening.IMO...

  1. 12,335 Posts.
    lightbulb Created with Sketch. 714
    Just switched on to find some amusement has been happening.
    IMO Debono has summed it all up very precisely and simply.
    Trading is very risky especially for those whose financial structure forces them to make decisions that they really dont want to make. People as such are the ones who force the swings and merry go rounds that we see in the markets. I personaly have very little sympathy for the traders who have their hand forced when fundamentaly nothing has changed with the company.
    When i was taking a stake in PEK in the 8- 20 cent range the price often fell back considerably with no forthcoming sympathy/hardluck etc etc. Its part of life, its part of the market, it will happen again. So when we get a 10-15% fall over the period of a few days there is no need to worry as long as the fundamentals are as were.
    Its only 3 months ago we saw the SP fall from 73.5 cents to 37 cents and geez didnt all those who purchased at any time in between have the opportunity to make a killing.
    I rest my case. Please relax and dont give yourself a self inflicted belly ache.
 
watchlist Created with Sketch. Add PEK (ASX) to my watchlist
(20min delay)
Last
20.0¢
Change
-0.005(2.44%)
Mkt cap ! $53.28M
Open High Low Value Volume
21.0¢ 21.3¢ 20.0¢ $7.412K 36.25K

Buyers (Bids)

No. Vol. Price($)
2 11753 20.0¢
 

Sellers (Offers)

Price($) Vol. No.
21.5¢ 22595 4
View Market Depth
Last trade - 15.57pm 11/09/2024 (20 minute delay) ?
PEK (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.