SHO 11.1% 2.0¢ sportshero limited

Price has been a little overvalued for me compared to other...

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  1. 146 Posts.
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    Price has been a little overvalued for me compared to other specs. I sold 50% of my holdings a while ago because I thought it was at the top and I got scared. It still kept going up and I was shocked. This can pretty much go all the way back to 7c and I wouldn't be phased.

    I've been sitting on this for quite a while and it was going up consistently without news, then when news hit, the news would do nothing. So it's not any different now. They've made their big announcement surrounding crypto, and now we're waiting v3 of the app. so there should be a large amount of holders now just waiting to sell on the release of v3.

    Maybe it's just the nature of this particular stock. Maybe it's the fact that people that are interested have just been buying it outside of news, so when news hit's they don't need to buy or top up. The nature of the news in general seems to be them actually doing their job and delivered what they promised from a while ago. Just look at the 1 year chart. This might just keep trading between 16-18c till v3 launch.
 
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Last
2.0¢
Change
0.002(11.1%)
Mkt cap ! $6.178M
Open High Low Value Volume
1.9¢ 2.0¢ 1.9¢ $5.891K 300.6K

Buyers (Bids)

No. Vol. Price($)
1 200000 1.6¢
 

Sellers (Offers)

Price($) Vol. No.
2.0¢ 100000 1
View Market Depth
Last trade - 12.05pm 29/11/2024 (20 minute delay) ?
SHO (ASX) Chart
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