Not sure why you would feel "betrayed" jwfc.
The price increase back in March - April 2021 was on very little news and had no real justification, certainly for the percentage increase that occurred. Earlier in the year there was a small sales announcement, breast trials, but the main one was the announcement of Robert Cooke. So no doubt these were positive things for the company, but didn't, in my opinion anyway, justify a price increase that occurred - but that's the market sometimes.
Your frustration, like many perhaps, at not selling at the high before the price fall, I don't think can be then directed to management. Over the next 12 months with trial results and FDA progress / approval announcements, you will see price jumps again, and you will be faced with the same dilemma. As we all do with stock investments..... When to sell??
That's why prices rise and fall every day as people 'guess' the futures of companies.
We all want to see a $1.00+ price for OIL, but it's not happening until sales are regular.
What we first need is positive trial results!
- Forums
- ASX - By Stock
- OIL
- Tiresias: Whither current pathology?
Tiresias: Whither current pathology?, page-4
-
-
- There are more pages in this discussion • 4 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 OIL (ASX) to my watchlist
|
|||||
Last
23.5¢ |
Change
0.015(6.82%) |
Mkt cap ! $196.3M |
Open | High | Low | Value | Volume |
23.0¢ | 24.5¢ | 23.0¢ | $277.1K | 1.171M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 61499 | 23.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
23.5¢ | 150000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 61499 | 0.230 |
1 | 2235 | 0.225 |
2 | 13790 | 0.220 |
1 | 9000 | 0.215 |
2 | 52385 | 0.210 |
Price($) | Vol. | No. |
---|---|---|
0.235 | 150000 | 1 |
0.240 | 275000 | 1 |
0.245 | 61376 | 2 |
0.250 | 123185 | 6 |
0.260 | 125000 | 3 |
Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
Featured News
OIL (ASX) Chart |
The Watchlist
LU7
LITHIUM UNIVERSE LIMITED
Alex Hanly, CEO
Alex Hanly
CEO
SPONSORED BY The Market Online