QPM 5.13% 4.1¢ queensland pacific metals limited

People are trying to game the market and front trade the "herd"...

  1. 1,125 Posts.
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    People are trying to game the market and front trade the "herd" with bot trades etc.

    The current market will be interesting, in general, to see how the retail rush for leverage and option trades since 2020 will effect the downward trend in the markets?

    For QPM, it seems that the long term holders have bought sub 10 cents and have already cashed out their profits to be freeholding or holding long term. On the flip side, there also seems to be a lot of swing traders moving in and out of positions to scalp profits.

    I still think anything 20 cents below is a steal long term (post 2024). However, who knows what happens for the rest of the year in the current market conditions.

    Hopefully, on a macro level, we see rates rise faster than inflation so we can have a quick steep crash. Though again, who knows.

    Good Luck


 
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Last
4.1¢
Change
0.002(5.13%)
Mkt cap ! $103.3M
Open High Low Value Volume
4.0¢ 4.1¢ 3.9¢ $237.9K 5.876M

Buyers (Bids)

No. Vol. Price($)
4 515000 4.0¢
 

Sellers (Offers)

Price($) Vol. No.
4.1¢ 334075 3
View Market Depth
Last trade - 16.10pm 13/11/2024 (20 minute delay) ?
QPM (ASX) Chart
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