SP3 0.00% 1.8¢ spectur limited

This stock tends to get pushed around by the marginal money...

  1. 620 Posts.
    lightbulb Created with Sketch. 26
    This stock tends to get pushed around by the marginal money because it trades on relatively low liquidity - daily avg only 80k shs.
    And its something you need to accept if you want to be a holder of this stock - there is no point in obsessing over every 10c swing in price.
    The company is early-stage, on a roll out & the question you need to ask yourself if you want to accept that risk for the potential rewards?
    The fact is it's going to take at least a few more quarters to judge how their strategy is unfolding.
    IMO you need to judge each stock on its merits & for me this is not a trading stock but one to sit with because IF they get it right the SP could be a multiple of what it is now.
    I've been involved since seed & so far the company has delivered on its promises & I'm content to sit & let it play out further.

    Looking at the SP, the catalyst for the recent fall appears to have been the SPP & listing of the options, as well as the general soft market for small-caps. I expect to see this loose stock absorbed in this lower-half of the range.

    Lastly thin liquidity can work in your favour when things go right - K2F is a good recent example
 
watchlist Created with Sketch. Add SP3 (ASX) to my watchlist
(20min delay)
Last
1.8¢
Change
0.000(0.00%)
Mkt cap ! $4.942M
Open High Low Value Volume
0.0¢ 0.0¢ 0.0¢ $0 0

Buyers (Bids)

No. Vol. Price($)
2 63885 1.8¢
 

Sellers (Offers)

Price($) Vol. No.
1.9¢ 649122 4
View Market Depth
Last trade - 07.00am 03/12/2024 (20 minute delay) ?
SP3 (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.