Cato, yes, I agree this is the area where one piece of news can produce extraordinary gains, as happened in March!April,May - well, you know what happened:
You'll notice the (surprising) uptrend light blue line also, which may give some encouragement to longs. I would expect, over time that the SP reverts to this trend, making this a safe entry point for new longs, given the potential near term catalysts.
As I'm not a serial poster on this stock, I won't pretend to know as much about management as anyone else here, but I will add my two pennies worth, that from a distance, I see nothing questionable about them they appear to have an excellent understanding of how to extract the maximum from these projects, a clear plan they have communicated to market and they cannot be held accountable for what is normal ST trading activity, given shorting is legal - their obligation is to LT shareholders and as my chart shows, it's all good... some luck with discoveries and farm ins and all the frustrations blow over and are forgotten. Still, I don't want to get into a debate about it, I haven't got the time you guys spend here!
Damn that thread someone started last night, I woke up humming Amazing grace and can't get the sodding tune out of my head. Hope it's a sign :)
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Last
$1.81 |
Change
0.060(3.43%) |
Mkt cap ! $1.453B |
Open | High | Low | Value | Volume |
$1.78 | $1.81 | $1.76 | $8.120M | 4.523M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 5782 | $1.80 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.81 | 204687 | 10 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 5782 | 1.795 |
2 | 8782 | 1.790 |
1 | 5782 | 1.785 |
2 | 7282 | 1.780 |
1 | 5782 | 1.775 |
Price($) | Vol. | No. |
---|---|---|
1.810 | 33591 | 3 |
1.820 | 65000 | 2 |
1.825 | 37982 | 3 |
1.830 | 10182 | 2 |
1.835 | 5782 | 1 |
Last trade - 16.10pm 16/08/2024 (20 minute delay) ? |
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KAR (ASX) Chart |