Don't like picking points in time on charts in hind sight to compare the three...hind sight is 20:20 vision
It has the ability to prove or dispel some misconceptions. It has no predicitive ability at all and that was not my point. Its main benefit is to compare companies in the same industry. When one consistently outperforms another, it raises some questions about management. For whatever reason POS has strongly outperformed the other two over last few months. Why? I would be looking for reasons.
On the 2nd September it spiked and left the others for dead, the reason was that it announced the Lake Johnson project. It then went on to a 60% advantage over the others. I learn quite a lot of information from that reaction.
I often dispel some preconceptions about same-industry stocks to myself. Its a reality check if you like.
Don't like picking points in time on charts in hind sight to...
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Last
0.4¢ |
Change
0.001(33.3%) |
Mkt cap ! $14.85M | |||
| Open | High | Low | Value | Volume |
| 0.4¢ | 0.4¢ | 0.3¢ | $9.456K | 2.663M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 83 | 50307585 | 0.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.4¢ | 7456574 | 23 |
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| Last trade - 16.10pm 16/08/2024 (20 minute delay) ? |
| POS (ASX) Chart |