Very well put - all should read and understand the effect of participation in the market.
My view is that there are only so many who have the appetite and the balls for low cap commodity explorers.
When bouncing along the bottom, rather than stand ye steady as they say at West Point, it only takes a small number of players to tip the supply into sell and drop the price.
But on the other side, when sentiment boils over, as it always will (fomo and greed and all that stuff), we see those marvelous spikes.
So my plans are to hold to get the CGT discount and sell into the tops to be free carried. Not easy, but possible.
Very well put - all should read and understand the effect of...
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Last
21.5¢ |
Change
0.015(7.50%) |
Mkt cap ! $17.64M | |||
| Open | High | Low | Value | Volume |
| 20.0¢ | 22.5¢ | 20.0¢ | $45.84K | 222.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 49264 | 21.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 22.0¢ | 30000 | 1 |
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| Last trade - 15.59pm 30/08/2024 (20 minute delay) ? |
| SUM (ASX) Chart |