Yes I don't disagree with you there, this will be volatile, but when shares start to move like this they always are. The shorters will be manipulating the price and making their money.
If people want to do short term trades and try to do what the big boys do, then good luck to them, unfortunately history shows that most loose this game.
I like to think I tend to do a bit more research on sectors than the average person and I believe that this will have those 6c to 10c days, in the not so distant future and I want to be ready now so I am not chasing the herd.
Yes this will probably cap around the $2 - $3 until demand/supply goes crazier than expected - most will be happy with that price from the 60.5c level it's at as from Fridays close.
Yes I don't disagree with you there, this will be volatile, but...
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Last
$12.48 |
Change
0.060(0.48%) |
Mkt cap ! $3.724B | |||
| Open | High | Low | Value | Volume |
| $12.45 | $12.76 | $12.26 | $26.57M | 2.124M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 6286 | $12.47 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $12.48 | 5038 | 1 |
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| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| PDN (ASX) Chart |