its the queuing mechanics of opening and a mismatch, however I would be very surprised if an outsider got the shares most likely the broker desk on open, its a bit like the current movement on the ASX its only fundamental, from my perspective is the bounce oil had on markets and currency movement thats the correlation I see, should it continue well it will move up as o/s interests cash out to ensure currency markets dont destroy the play,but then deep down I dont see markets as a natural environment where it will find its own level, the lion only eats till its full but mankinds insatiable appetite for money is a different story.
so with FMS some may believe they will get more, I say more of what and at what risk when you can trade a large cap regularly, its really a difference in outlook but I am primarily a trader , I trade directly off the depth that creates a very different perspective about opportunity.
so given my losses are only around 15% of capital deployed and the majority of my holding 70% purchased in the past 8 months its gets down to the time value of money, I am confident I can trade out the loss in probably 2 months using the capital had I doubled up prior to the offer I guarantee I would have sold at 2.5c so will continue to think about it for another day or two-----first rule of investing dont lose money , 2nd rule the same so where is the value there is always another train have been on this one for the longest peiod of any stock in my entire life--the big guns left PIOP there because they are better at counting, TODD evidently think there is a good opportunity well good luck to them until the Crocodile awakens its top of the food chain
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its the queuing mechanics of opening and a mismatch, however I...
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Last
74.0¢ |
Change
-0.005(0.67%) |
Mkt cap ! $147.8M |
Open | High | Low | Value | Volume |
74.0¢ | 74.0¢ | 74.0¢ | $239 | 323 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 1032 | 74.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
78.5¢ | 6158 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 1032 | 0.740 |
1 | 2075 | 0.730 |
1 | 10000 | 0.650 |
1 | 77 | 0.535 |
2 | 65000 | 0.530 |
Price($) | Vol. | No. |
---|---|---|
0.785 | 6158 | 1 |
0.790 | 551 | 1 |
0.800 | 4936 | 2 |
0.820 | 540 | 1 |
0.830 | 10355 | 1 |
Last trade - 10.06am 08/08/2024 (20 minute delay) ? |
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