I think you are right SP will travel sideways for a bit until confidence returns, investors will be making trades in the lows and taking profit at the highs until good news and confidence returns and it will. I will be watching and planing an entry while using my hard earned else ware.
Your post earlier said with your investment you are building a telco.
I guess we invest for different reasons. I see my investment into a company as covering loan for them, in a small cap as this there is not a dividend, interest free for them. My job is to trade to grow my own return.
We have no control over the lows and highs but if you believe in NOR sell in a high and buy back in at the low with a larger position, or pocket the profit and buy your parcel back.
Let PO build the Telco and build a portfolio.
If all long term share holders were to sell at the high and buy a larger parcel holders would have more control. Take my position I could have had if my greed or lack of understanding a pump and dump.
Sell 316,000 x 0.15 = $47,400
Buy $47,400 @ 5.7c = 2,701,800
Sell 2,701,800 @ 0.15 = $405,207 when back up to the old high
316,000 x $1.28 = $405,207
That would be a great trade not just hanging on thinking long term is the best trade.
Take the past as a learning experience not a negative.
- Forums
- ASX - By Stock
- Pump & Dump?
I think you are right SP will travel sideways for a bit until...
Featured News
Add NOR (ASX) to my watchlist
(20min delay)
|
|||||
Last
3.2¢ |
Change
0.000(0.00%) |
Mkt cap ! $15.24M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 46822 | 3.2¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
3.5¢ | 233145 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 46822 | 0.032 |
2 | 114106 | 0.031 |
2 | 35400 | 0.030 |
1 | 96000 | 0.028 |
1 | 180000 | 0.027 |
Price($) | Vol. | No. |
---|---|---|
0.035 | 233145 | 1 |
0.038 | 26342 | 1 |
0.039 | 126001 | 1 |
0.040 | 123849 | 1 |
0.042 | 23833 | 1 |
Last trade - 16.12pm 15/11/2024 (20 minute delay) ? |
Featured News
NOR (ASX) Chart |
Day chart unavailable
The Watchlist
ACW
ACTINOGEN MEDICAL LIMITED
Will Souter, CFO
Will Souter
CFO
Previous Video
Next Video
SPONSORED BY The Market Online