uncleart
You say you bought into TON for the DD .... So that was your "entrance strategy", BUT, what was your "exit strategy"? There was an easy 10% trade to be had on TON if you did have one.
The other thing to remember is that there are probably hundreds of traders that ALSO bought into TON on expectation of the DD. Many of those would of had an exit strategy, happy with a short-term 10% profit, and would have sold on the day.
IMO, the advent of the DD was not a trading "event" as it was 99.9% sure that it was a done deal, and had been flagged by previous announcements anyway! Shares fall when they run out of buyers ... Obviously buyers want to now see some results, or proof of a deposit before they enter.
If you were not interested in the 10% range of profits, and instead looking for a multi-bagger, then patience is required. With what TON's neighbor is achieving, such patience could lead to big rewards!
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Last
0.9¢ |
Change
-0.002(18.2%) |
Mkt cap ! $14.11M |
Open | High | Low | Value | Volume |
1.0¢ | 1.0¢ | 0.9¢ | $259 | 26.13K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
4 | 1280209 | 0.9¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.1¢ | 122784 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
4 | 1280209 | 0.009 |
6 | 770529 | 0.008 |
4 | 492850 | 0.007 |
2 | 416660 | 0.006 |
2 | 899995 | 0.005 |
Price($) | Vol. | No. |
---|---|---|
0.011 | 122784 | 2 |
0.012 | 491367 | 5 |
0.013 | 1538461 | 1 |
0.014 | 200000 | 2 |
0.015 | 1333333 | 1 |
Last trade - 15.57pm 12/07/2024 (20 minute delay) ? |
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TON (ASX) Chart |