The market is inefficient.
Thats how you make money. Buying under 20 cents and being a bit patient will payoff in multiples.
This sort of price action seems to happen to all my big winners.
2 of those winners in the last 6 months were dumped on under issue price from day one and it went on for several weeks.
I just bought more as the story hadn't changed. One of those was GMV which then went up to 55 cents and the other is ELS which hit $1.75.
You just have to be patient and let the sellers flush out. There is a lot of dumb money still in this stock.
The money is in the waiting. I see BGT being a massive story in 2018. BGT ticks all the boxes. I have started increasing my holding just like I did the other 2 mentioned (and plenty of others the year before).
The market is inefficient. Thats how you make money. Buying...
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Last
4.2¢ |
Change
0.000(0.00%) |
Mkt cap ! $8.859M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 38461 | 3.9¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 4.1¢ | 12495 | 1 |
View Market Depth
| Last trade - 16.12pm 03/12/2024 (20 minute delay) ? |
| BGT (ASX) Chart |
Day chart unavailable
