Both arguments/points are completely plausible of course. ST, for traders yes POG impacts on their sentiment & can be noted in sp action/volume as I've noticed here with WAF. Therefore, buying choices for traders are influenced by POG (Support lines or forecasted data). MT, not so much. LT investing, probably not @ all. So, good discussions Moss & Esh. Buy/sell blindly @ present is not the best trading formula. Still feel POG sentiment when concerning explorers is an oxymoron yes but, WAF is in initial pre-development stage with regards to financing so, not the usual formula applies here? Whether one invests now for bonafide production scenario or bets on a t/o will certainly employ a different trading manner. I for one see both scenarios as probable. At least until we see finance mandate in the bag!
GLTAH & thanks for a great thread
Why the sp struggle following pos announcements?, page-54
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Last
$1.50 |
Change
-0.013(0.83%) |
Mkt cap ! $1.866B | |||
| Open | High | Low | Value | Volume |
| $1.52 | $1.52 | $1.48 | $962.1K | 642.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 10 | 27460 | $1.50 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.51 | 35940 | 21 |
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| Last trade - 11.59am 02/12/2024 (20 minute delay) ? |
| WAF (ASX) Chart |
