Down ramping, up ramping. Both can be nefarious.
Why would you want to upramp? If you are a LT investor who believes the true value of the company is high will be quite happy for it to burn slowly. Gives you more time to invest and a bigger payoff.
Only people who want to make a quick profit would see value in a rapid rise to true value.
Unless of course you don't have confidence in the company longer term and are second guessing yourself - you might want the price to go up to reduce the nerves.
I have to admit I sometimes fall for that.
But generally - all the noise up those mean old down-rampers... why the angst and vitriol? if you believe in the company, they are helping you by making things easier for you to profit.
Down ramping, up ramping. Both can be nefarious.Why would you...
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Last
$3.98 |
Change
0.010(0.25%) |
Mkt cap ! $11.97B | |||
| Open | High | Low | Value | Volume |
| $4.05 | $4.07 | $3.97 | $50.51M | 12.60M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 135433 | $3.98 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.99 | 41565 | 4 |
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| Last trade - 16.10pm 15/05/2024 (20 minute delay) ? |
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Last
$3.99 |
Change
0.010 ( 0.05 %) |
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| Open | High | Low | Volume | ||
| $4.04 | $4.07 | $3.97 | 3189143 | ||
| Last updated 15.59pm 15/05/2024 ? | |||||
| PLS (ASX) Chart |