Candy, the charts in this scenario, not the fundamental value, demonstrate a potential closure of the market distortion to push price down to an extremely discounted value.
Seems to me there were managed factors behind the scenes. That usually tells me there is greater long term value in the stock.
Because there is fundamental value in the stock as others have been on ther other side of the trade with open bags, they wll most likely mark it up soon to allow price to return to its expected average without distortion. A few have contributed to spooking others to get on the bandwagon as per the VSA commentary. Now you wouldn't be part of that would you?
Candy, the charts in this scenario, not the fundamental value,...
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Last
0.8¢ |
Change
0.001(14.3%) |
Mkt cap ! $17.35M | |||
| Open | High | Low | Value | Volume |
| 0.8¢ | 0.8¢ | 0.8¢ | $5.215K | 651.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 600296 | 0.7¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.8¢ | 8668842 | 8 |
View Market Depth
| Last trade - 16.10pm 27/09/2024 (20 minute delay) ? |
| SPQ (ASX) Chart |