How much of the SP downturn is simple precipitation from the lower temperature ?
Clouds condense and precipitate as the temp lowers. So do stocks. A holder at 1.50 thinks what ?
How does their grip, slip, precipitate to rain, when the sp is 85c CR ? or it slips to 75c ? or 65c ?
They begin to question their perception of sanity. What is driving the other sellers ? That can be a contagion of madness.
Now if we were a no good two bit, nothing no hoper with no pathway ahead, there would be a basis for despair and disillusionment that has seen many of the nearology stocks turn to shell value. Shite.
However, that is not the case. Our merits are exceptional leading to a development case, where others can not bridge that over that capex ravine. We can. Present a low 200m eg. capex bridge, when others daunt at 1b.
Hence there are apposing forces to retain the sanity. The pure delight we have in every metric one would want to present a development case. Vs the madness of the sheep trade. Eventually when all the those susceptible to the fever of sheep throwing themselves from cliffs exhaust, while those who have been accumulating bet on the rational development pathway we hold dear.
For every mad sheep over the cliff, there is a hungry fox in the buy line accumulating.
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Last
51.0¢ |
Change
-0.010(1.92%) |
Mkt cap ! $112.9M |
Open | High | Low | Value | Volume |
52.0¢ | 52.0¢ | 50.0¢ | $191.7K | 380.1K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 8091 | 50.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
51.0¢ | 49885 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
5 | 47720 | 0.495 |
6 | 48639 | 0.490 |
4 | 92469 | 0.485 |
4 | 27496 | 0.480 |
2 | 45000 | 0.475 |
Price($) | Vol. | No. |
---|---|---|
0.510 | 49885 | 1 |
0.520 | 15000 | 1 |
0.535 | 22000 | 2 |
0.540 | 55371 | 2 |
0.550 | 46500 | 3 |
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