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26-11-2020, 01:14 PM
#18651
If it slices thru the 100MA @ 65c, 50c could be on the cards.
If the traders believed it will be 85c by Xmas, I dont think they would be selling now sub70c
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26-11-2020, 01:15 PM
#18652
There is no if in investing. It is because anz buys in. That is why I like it
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26-11-2020, 01:20 PM
#18653
Originally Posted by Getty
If it slices thru the 100MA @ 65c, 50c could be on the cards.
If the traders believed it will be 85c by Xmas, I dont think they would be selling now sub70c
Of course they don’t. That’s why they are selling and that’s why there are buyers!
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26-11-2020, 01:24 PM
#18654
and thats why the price is down 6.8% to 68c already on strong volume, because they all are thinking of that 85c
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26-11-2020, 01:28 PM
#18655
Overpriced on knowns even at the .30 gap if we are all just guessing. They just are not as far down the road as they are making out.
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26-11-2020, 01:34 PM
#18656
Originally Posted by golden city
There is no if in investing. It is because anz buys in. That is why I like it
Be more encouraging if the Insiders were buying....
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26-11-2020, 01:36 PM
#18657
Originally Posted by Getty
and thats why the price is down 6.8% to 68c already on strong volume, because they all are thinking of that 85c
Entirely predictable!
Just as I predicted this morning about what would happen.
Last edited by Balance; 26-11-2020 at 01:37 PM.
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26-11-2020, 01:39 PM
#18658
Originally Posted by psychic
Be more encouraging if the Insiders were buying....
They get plenty of free options - no need to buy. Very American style remuneration packages. Similar to ATM.
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26-11-2020, 01:44 PM
#18659
maybe not useless info is that $1.3M is on offer, to get the price up to 85c, but only $362K in the other direction will take it to, wait for it, 7c.
The part that gets me, is that if I tried to bid at 7c, my broker wouldnt accept it.
Is it time to join Sharesies?
Last edited by Getty; 26-11-2020 at 01:49 PM.
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26-11-2020, 01:51 PM
#18660
Originally Posted by Getty
maybe not useless info is that $1.3M is on offer, to get the price up to 85c, but only $362K in the other direction will take it to, wait for it, 7c.
The part that gets me, is that if I tried to bid at 7c, my broker wouldnt accept it.
Is it time to join Sharesies?
Is that how you assess and judge the depth in the market?
I guess I need your expertise to time my entry - seems like I always buy too soon or sell too early!
Last edited by Balance; 26-11-2020 at 01:56 PM.
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