To Kissmyshares and all who worried and complaning about SP. Please allow me to share my thoughts and my real experiences this week on share market so that we all can be better investors not using our emotions/feeling etc.
2 days ago my Lithium company LTM was taken over by RIO with just 10Bil SP of AUD8.6 per share. Last year when LTM was formed as a merger of ORE and Livent the valuation is 15Billion and SP is 17aud. LTM SP was being suppressed so hard by prof shorters until below $4. So it looks like RIO offers very good 90% of WVAP price from 4. But it is robbery and RIOo got it 50% discount. I sold out 2 days ago with good profit but very unhappy. But I am not stressed and angry as I have known this dirty business world over last 20 years. I had other examples where the company SP was being targeted i.e. being suppressed to reduce its MC and then left field planned TO came.
it has been common now that big whales dealt with BEOT shorters to order then to supress the target and they wait until certain level then they do TO.
How can we be still successful? By sticking to the fundamental of our company and its progess. NEVER EVER PANIC Angry or emotion against our BOD. This is not their fault. It is dirty business world. If our company is still strong and growing profits but SP is going backward we know that it is not normal. I will do average down and keep buying because I know if our company is being targeted without any reason then it is being prepped to be taken over by someone. When it is coming I want to be prepared by having more and can profit lot more..
if no TO then it is fine the play will be gone once our profit keeps going. My other medical company NEU is also now facing the same. Key message is DONT PANIC and dont use emotion as that ia what they want from retails.
good luck all.
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To Kissmyshares and all who worried and complaning about SP....
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Last
$2.04 |
Change
-0.030(1.45%) |
Mkt cap ! $1.409B |
Open | High | Low | Value | Volume |
$2.09 | $2.11 | $2.03 | $1.727M | 838.3K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
5 | 299194 | $2.02 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$2.04 | 1559 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
5 | 299194 | 2.020 |
4 | 11182 | 2.010 |
9 | 86240 | 2.000 |
1 | 1500 | 1.995 |
2 | 2005 | 1.990 |
Price($) | Vol. | No. |
---|---|---|
2.040 | 1559 | 1 |
2.050 | 5436 | 2 |
2.060 | 4936 | 1 |
2.070 | 25500 | 2 |
2.100 | 10972 | 2 |
Last trade - 16.10pm 15/11/2024 (20 minute delay) ? |
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