I think we are all overthinking the market ATM, a sell down into 11.5 cents doesn't mean anything specially with today's volume.
Friday's are a strange beast as some traders with margin loans will often not hold over the weekend, happy to let them go.
So with ASX down and mostly all goldies on the nose, it's no surprise TRY has wandered down.... it's guilty by association.
TRY just needs to keep its production stable and with some news such as rise in gold price, extend in LOM (again), debt paid off, hell even no bad news and in fact it may have to be all or more of those things that need to happen and then we can talk about 3/4/10 bags from this point.
Remember bad news travels fast, good news takes a while to kick in
- Forums
- ASX - By Stock
- The Cashflow Bullet
I think we are all overthinking the market ATM, a sell down into...
-
- There are more pages in this discussion • 18 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add TRY (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
FHE
FRONTIER ENERGY LIMITED
Adam Kiley, CEO
Adam Kiley
CEO
SPONSORED BY The Market Online