MEM 0.00% 0.5¢ memphasys limited.

market reacts well to news by pulling out bids, page-5

  1. 1,225 Posts.

    FactorX,

    Yes, you said in two posts that you are not a buyer or a seller, and I am merely tempting you to in fact sell – just a small hope.

    Do you really think that it would be in my interest to put in a bid for 1M shares? It would be an excellent way of defeating oneself. The market just doesn’t work in such a simplistic manner. I had several bids in some time ago but pulled them out when I was trumped. I notice two others later did the same. You don’t want to drive up the share price when you want to buy. It is that simple.

    Why do you think I suggested you sell, and with a large open order? Well, then the price immediately drops to 0.1c which would be a very acceptable purchase price to me. All this does not change the value of the company an iota. (Of course, the sell suggestion was a tongue-in-cheek idea.)

    It is excellent that you take notice of ‘facts’. I do too, but it is the spaces in between those lines that contains the real thought processes, the motivations, the possibilities, the brick walls, the achievements, and the outcomes. Perhaps look there.

    Meanwhile I continue to assess the operations of management, the opportunities that are before them, using the knowledge gleaned, and taking into account the usual psychodynamics of people who either only dream, or take strategic action. The real market is a composite many variables juggled.

    Juke
 
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Last
0.5¢
Change
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Mkt cap ! $13.00M
Open High Low Value Volume
0.5¢ 0.5¢ 0.5¢ $25.15K 5.030M

Buyers (Bids)

No. Vol. Price($)
15 18776263 0.4¢
 

Sellers (Offers)

Price($) Vol. No.
0.5¢ 10551662 4
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Last trade - 10.32am 08/11/2024 (20 minute delay) ?
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