Wongfu, he nailed it. The better the progress, the lower the sp. That's the Aussie way as I pointed out several times here. Must be the Southern Hemisphere, making people buying high and then happily selling for a lot less.
Great quote " ASX is pricing stocks, not valuing. " At least the board knows what's worth, so expect the sp staying at the bottom until the sudden, hopefully multiple of current sp based t/o. Has happened so many times, will happen here too as majority of Aussies can't learn from the past examples.
Just hope the sp stays that way until end of March when one of my properties has settled. But knowing my luck, by then sp will be at 3c + LOL.
GLTA sufferers and LT holders.
Hard to believe?, page-99
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Last
4.5¢ |
Change
-0.002(4.26%) |
Mkt cap ! $386.7M | |||
| Open | High | Low | Value | Volume |
| 4.7¢ | 4.8¢ | 4.4¢ | $890.8K | 19.42M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 176601 | 4.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 4.6¢ | 969572 | 8 |
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