For those that have never experienced a bear market prices can go way way lower than you believe is possible.
Then go lower again.
Then go lower again.
Main reason is risk off and few buyers on tiny volume.
It is in fact a time to get rich for those that BUY LOW and wait until recovery. A few years mostly.
BUT the ratios mean you just don't double your money but can make >100 times your money.
Most people just don't understand the effect of the ratios.
1 or 2 stocks going bankrupt make little impact on just one going up 100 times.
Ann: Quarterly Activities/Appendix 5B Cash Flow Report, page-32
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Last
13.0¢ |
Change
0.005(4.00%) |
Mkt cap ! $149.7M | |||
| Open | High | Low | Value | Volume |
| 12.5¢ | 13.0¢ | 12.5¢ | $117.3K | 930.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 117311 | 12.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 13.0¢ | 27872 | 1 |
View Market Depth
| Last trade - 16.10pm 15/05/2024 (20 minute delay) ? |
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Last
13.0¢ |
Change
0.005 ( 4.00 %) |
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| Open | High | Low | Volume | ||
| 12.5¢ | 13.0¢ | 12.5¢ | 436976 | ||
| Last updated 15.59pm 15/05/2024 ? | |||||
| LIN (ASX) Chart |