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0.5¢ red sky energy limited.

I sold my holding this morning - on the open - @1.2c and took a...

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hdhtin

635 Posts.

113

12/04/21

15:45

Post #: 52407188
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Originally posted by dazza87: ↑

I think you are looking at this in a one dimensional frame of mind. There are a fair amount of long term holders and short term holders that have purchased between 0.003 and 0.014 and are entitled to "get off the train" when ever they want.

This isn't simple maths, there are people joining and selling at different intervals.

From what I have read and understood this is a long term hold and the management seem on the ball.

Implying people are stupid or dumb who are not aligned with your beliefs is counterintuitive.

People who add negative or positive information without first hand information should be ignored.

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I sold my holding this morning - on the open - @1.2c and took a tidy profit.

The catalyst for me backing out was the TOTAL BUY /TOTAL SELL numbers which, I believe are currently blind-siding punters.

There are buy orders for 173million shares at 0.001 and 372 million shares at 0.002.
Take this total of 545million shares off the TOTAL BUY and you're left with 352 million shares on the BUY SIDE.

Hence, the REAL TOTAL BUY / TOTAL SELL NUMBERS currently are:
352million BUY and 366million SELL

Figures worth considering PRIOR to investing ......... just a plain fact (and NOT a "down-ramp")

Good luck to all

ROG Price at posting: 1.1¢ Sentiment: Buy Disclosure: Held
9 Upvote

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(20min delay)
Last 0.5¢		Change 0.001(25.0%)		Mkt cap ! $27.11M

Open	High	Low	Value	Volume
0.5¢	0.5¢	0.5¢	$100	20K

Buyers (Bids)

No.	Vol.	Price($)
51	95239489	0.4¢

Sellers (Offers)

Price($)	Vol.	No.
0.5¢	54874745	91

View Market Depth

No.	Vol.	Price($)
51	95239489	0.004
33	68919430	0.003
16	58543046	0.002
12	80350999	0.001
0	0	0.000

Price($)	Vol.	No.
0.005	54874745	91
0.006	30522895	41
0.007	29728270	20
0.008	14652145	19
0.009	10468659	9

Last trade - 16.10pm 07/08/2024 (20 minute delay)

ROG (ASX) Chart