Its so important at times like this to separate the share price from the business. The share price is market sentiment driven and does not reflect what the actual business is doing. The share price is down 10% today as I write, does that mean their prospects and performance has dropped 10%? I sincerely doubt it. You start to see comments like "I still believe in the product" etc etc. What has changed with the company? Nothing that we know off and yet comparisons between the company performance and share price get linked. Hence people sell out in panic and create opportunities for others. I remember buying Flight Centre at $8 during the GFC and at $4 it felt like I had made a massive mistake. However, I added to it and waited. The rest is history. I bought some RFN yesterday and while it is not nice to see it down again today it is the next three years I care about and not the next 3 weeks. Each to their own but don't get shaken out if you believe. Not advice and DYOR. News flow will come but in the meantime this is an opportunity.
RFN chart, page-526
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Last
0.2¢ |
Change
0.000(0.00%) |
Mkt cap ! $917.4K |
Open | High | Low | Value | Volume |
0.2¢ | 0.2¢ | 0.2¢ | $75 | 50K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
39 | 65919090 | 0.1¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.2¢ | 19372281 | 10 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
39 | 65919090 | 0.001 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.002 | 19372281 | 10 |
0.003 | 15024454 | 13 |
0.004 | 4271400 | 9 |
0.005 | 2045204 | 6 |
0.006 | 2573000 | 6 |
Last trade - 12.15pm 26/08/2024 (20 minute delay) ? |
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