The oldest story in the trading book....
wealth is transfered from the impatient to the patient.
Unless you know why you bought in the first place, and the reason still holds, then there is no reason to sell. I just wish we could explain this to the punters selling, as the insto's and banks that are selling, are very different investors to traders. The punters selling are panicked and can't take the pain for too long, especially if they bought above 50c.
Sad....
Steve
The oldest story in the trading book....wealth is transfered...
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Last
16.5¢ |
Change
0.005(3.13%) |
Mkt cap ! $295.1M | |||
| Open | High | Low | Value | Volume |
| 15.5¢ | 16.5¢ | 15.5¢ | $556.2K | 3.435M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 271853 | 16.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 16.5¢ | 468186 | 5 |
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| Last trade - 16.10pm 25/07/2024 (20 minute delay) ? |
| CVN (ASX) Chart |