Auto pilot is getting us to the destination, even though we have bed wetters who want to open the cargo doors and parachute out.
Unfortunately, we cant control who gets on the plane. Some bought their tickets thinking it was going to be blue sky all the way. Who thought that spot prices were going to be at insane levels for ever. They invested into a fever. But didnt realize that they also bought a ticket on one of the better laid tracks to deliver forward development either by us, or the predator.
You always have to ask, who is going to pay more than you did tomorrow, in a month, a year, and why.
And forget about who is selling today for less that it was yesterday, because their hysteria fever, has ran out of sugar for now. Or that they given into the fear of a declining spot price, that occurs over cycles of inventory stocking and depleting. When you exhaust the parachutes, and left with passengers with tightened seat belts, the fundamentals that reward over time, will bring more buyers who have only those in their seats to approach for an entry.
When you have an oversupply of those reaching for the parachutes, those in their seats can not control the price direction. You just have to wait them out, and allow the registry to tighten up and price higher with advancing asset discovery.
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Last
74.0¢ |
Change
-0.010(1.33%) |
Mkt cap ! $160.0M |
Open | High | Low | Value | Volume |
75.5¢ | 76.0¢ | 73.5¢ | $298.1K | 399.4K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
5 | 34811 | 73.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
75.5¢ | 2418 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 32151 | 0.735 |
4 | 40034 | 0.730 |
3 | 12237 | 0.725 |
5 | 12104 | 0.720 |
1 | 6729 | 0.715 |
Price($) | Vol. | No. |
---|---|---|
0.755 | 2418 | 1 |
0.780 | 37066 | 3 |
0.785 | 10000 | 1 |
0.790 | 68700 | 3 |
0.795 | 29946 | 2 |
Last trade - 16.10pm 05/07/2024 (20 minute delay) ? |
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