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).
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The market is inefficient. Thats how you make money. Buying...
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Last
4.2¢ |
Change
-0.002(4.55%) |
Mkt cap ! $8.859M |
Open | High | Low | Value | Volume |
4.2¢ | 4.2¢ | 4.2¢ | $840 | 20K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 10000 | 3.8¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
4.2¢ | 12495 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 8563 | 0.044 |
1 | 100000 | 0.039 |
1 | 118000 | 0.038 |
1 | 120050 | 0.037 |
1 | 64000 | 0.029 |
Price($) | Vol. | No. |
---|---|---|
0.048 | 30000 | 1 |
0.053 | 11511 | 1 |
0.054 | 59999 | 2 |
0.055 | 118498 | 1 |
0.061 | 225000 | 2 |
Last trade - 16.10pm 02/12/2024 (20 minute delay) ? |
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BGT (ASX) Chart |