Because there is always some down side risk - drilling dry wells, falling price of oil (short term), external risks etc...
It's all about risk management and how an individual reacts to the perceived risks. In a global event even the good stocks go down, down down.. I sold out of lots of stocks last week recently am waiting for an entry but am a bit wary of the pending (possible) - World Currency Crisis.
Its all a bit of a gamble is it not?
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Last
11.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $80.39M | |||
| Open | High | Low | Value | Volume |
| 12.0¢ | 12.5¢ | 11.5¢ | $5.125K | 42.75K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 8 | 490699 | 11.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 12.5¢ | 229020 | 9 |
View Market Depth
| Last trade - 15.56pm 01/07/2025 (20 minute delay) ? |
| CUE (ASX) Chart |