Was just trying to add a bit of levity.
My take:
- We have a market moving down quite quickly with many thinking it's got further to go.
- This leads to risk off sentiment and small caps are usually affected more than the large end as they are perceived as intrinsically being more risky.
- It's a few weeks since we had news and flighty holders tend to be impatient
- We issued 19.5m shares at 55c 2 weeks ago and as good as the company is there will be some happy to take 10% (give or take) profits for all the reasons listed above.
- TA probably compounding the selling effect
Depends what kind of market participant one is I guess.
For me with $15m in the bank and one of the best resources I have seen in a while I feel like the company itself isn't overly exposed to the market conditions (don't need cash) so I am willing to ride it out as the fundamentals are great. Price ≠ value
Was just trying to add a bit of levity. My take: - We have a...
-
- There are more pages in this discussion • 37 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add ADT (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$4.07 |
Change
-0.150(3.55%) |
Mkt cap ! $918.1M | |||
| Open | High | Low | Value | Volume |
| $4.20 | $4.23 | $4.07 | $1.360M | 328.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 124 | $4.05 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $4.08 | 4481 | 3 |
View Market Depth
| Last trade - 16.10pm 22/11/2024 (20 minute delay) ? |
| ADT (ASX) Chart |
