Mr Market thinks logically of the potential capital raisings etc etc that may occur. I know many take the 'i'm in it for the 6-18 month long run' but quite frankly, as per other shares i've been burnt in we're just making excuses to justify losing money. The end story is while it's developing its 'massive potential' one could buy in at a low price and ride it back up if it ever commercialises. Essentially mr markets run by traders and other 'investors' who trade this short term price dump for a profit. And it makes sense? If you buy at 30 cents, wait 2 yrs for it to eventually hit 50 cents + , make a profit - sure it's a good way of staying optimistic.
In the meantime if it hits 3, 5 cents on the sell off, they make more money buying in then. It's really about making more money trading in the lows than holding on under the guise of 'long run' holder. In the end making moneys all that counts, nay?
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Last
1.3¢ |
Change
0.001(8.33%) |
Mkt cap ! $3.970M |
Open | High | Low | Value | Volume |
1.2¢ | 1.3¢ | 1.2¢ | $2.472K | 200.4K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 416099 | 1.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.3¢ | 188487 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 416099 | 0.010 |
3 | 775000 | 0.009 |
3 | 484383 | 0.008 |
3 | 1057283 | 0.007 |
1 | 100000 | 0.005 |
Price($) | Vol. | No. |
---|---|---|
0.013 | 188487 | 1 |
0.014 | 240000 | 1 |
0.015 | 874582 | 3 |
0.017 | 50000 | 1 |
0.018 | 838509 | 2 |
Last trade - 15.31pm 13/11/2024 (20 minute delay) ? |
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