you make some valid points but I didn't think it be like you to miss one major component, fundamentals, weather a company is a one off in a new sector or 1 in a 1000 company mining sector if that company has got good fundamentals its gunna make share holder return on investment. 37% return is 37% return but it wasn't primarily because 2 milion shares was traded today it was because the fundamentals ie latest announcement was worth a MC increase of 37% and a 100% from last tuesday valued by the market. to trade from SP analysis only is a reactive strategy. looking at fundamentals first is a pro active strategy and one u are more likely to make money from.
you did ask for some tips, some where given, the next question you probs should have been asking was why, but for what its worth ill give you the answer to that.... fundamentals
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Last
24.5¢ |
Change
-0.010(3.92%) |
Mkt cap ! $98.52M |
Open | High | Low | Value | Volume |
25.5¢ | 26.0¢ | 24.0¢ | $78.15K | 314.5K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
7 | 47980 | 24.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
24.5¢ | 21744 | 7 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 11957 | 0.420 |
2 | 20921 | 0.415 |
4 | 123661 | 0.410 |
1 | 2471 | 0.405 |
8 | 40055 | 0.400 |
Price($) | Vol. | No. |
---|---|---|
0.435 | 16870 | 2 |
0.440 | 39572 | 2 |
0.450 | 6157 | 2 |
0.460 | 31026 | 5 |
0.470 | 21978 | 1 |
Last trade - 13.38pm 15/11/2024 (20 minute delay) ? |
CPV (ASX) Chart |