My first question was to find out about the fundamentals of sp manipulation rather than the fundamentals of the company . The FAR story is and will be epic I have no doubt , but like many in the retail space it is a frustrating ride with your hard earned. It's the old story that if the fundamentals are right then the sp will take care of itself.
It is naive to put a timeline or a price (IMO) on a stock and as Whiskey has said trading can be a dangerous space , however having said that if you have a strategy (maybe certain charting criteria which is what many algorithms are based on) then you may get a little look in.
In the general (mum and dad type) retail space you need to appreciate that you are going to be behind the action well and truly. If you accept this and do not panic , basic maths will tell you that if you make 8 trades a year @ 10% gain you will increase 100% regardless , but you need to roll with the punches.
This stock has become so cyclical , it is becoming predictable IMO but is stuck in a trading range as they need to keep raising capital as they are an explorer.
If you are waiting for the big pay day you need a take over who knows when. If you believe in the story and want to take the risks along the way you "may" get a similar result by hopping in and out in the shorter term.
This stock was 8.6 cents 10 years ago and many times since . For what it's worth my initial buy in was at 16c and then had to keep buying to average down.
I was just seeking clarification initially on the terms and strategies used such as Bots , Shorts , etc., as this seemed evident today on reduced volume.
Best wishes to all holders , and my opinion only so DYOR.
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Last
49.0¢ |
Change
-0.005(1.01%) |
Mkt cap ! $45.74M |
Open | High | Low | Value | Volume |
49.5¢ | 49.5¢ | 49.0¢ | $614 | 1.25K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 50000 | 49.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
50.0¢ | 867 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 18991 | 0.490 |
1 | 20000 | 0.485 |
1 | 38794 | 0.475 |
1 | 42553 | 0.470 |
1 | 3000 | 0.465 |
Price($) | Vol. | No. |
---|---|---|
0.500 | 867 | 1 |
0.505 | 30348 | 3 |
0.510 | 320011 | 3 |
0.515 | 3257 | 1 |
0.520 | 338616 | 8 |
Last trade - 10.10am 14/11/2024 (20 minute delay) ? |
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FAR (ASX) Chart |