Hope every one realises that over 25% of the shares in TON have changed hands in the past couple of days. That is a lot of shareholders wanting out of the company. If we are to believe certain posters like justobserving etc this turnover does not include long term holders and is only traders losing. I would doubt that there are any long term holders left as over 90% of the total number of shares on issue have changed hands in the last 12 months.
The kick in share price has been really good for investors to get out without losing. Also this allows a lot of new investors in which is also good.
Lets not get to carried away with mention of $1.50 etc but hopefully SP will not keep falling back as then even more investors will get hurt.
I am very happy to be out without losing and wish good luck to all holders.
DYOR IMO
TON $1.50, page-280
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Last
1.1¢ |
Change
0.000(0.00%) |
Mkt cap ! $17.25M | |||
| Open | High | Low | Value | Volume |
| 1.1¢ | 1.1¢ | 1.1¢ | $4.171K | 379.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 855920 | 1.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.1¢ | 1663091 | 4 |
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| Last trade - 16.10pm 27/09/2024 (20 minute delay) ? |
| TON (ASX) Chart |