It's unlikely anybody of the mums and dads are nervous at all. As I write this the share price is $2.14 which represents a 7% rise in under 2 weeks. (the mums and dads bought at $2.00 p/s)
This share price will fluctuate up and down in the short term with all of the strong short-term interest / profit-taking, will settle down after January and trend upwards slowly, then based on the announcements/results/balance sheets will bounce up or down depending on whether the news is positive or negative, as you would expect. There will likely be a small rally before the first expected dividend payment in September 2015 and until then, assuming there is no bad news this will trend upwards in a stable fashion AFTER the heavy fluctuations until Jan/Feb 2015 with a small spike in July/Aug 2015 just prior to the divvy.
What is there to be nervous about? Those who have bought in have paid for a quality and stable company and the share price will easily reflect its performance/announcements. It's the companies that are not stable and the share price doesn't behave as anticipated that you need to worry about!
GL to all holders, I only bought in $3000 worth, but along with IAG I'm not so worried about MPL.
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Last
$3.62 |
Change
-0.020(0.55%) |
Mkt cap ! $9.969B |
Open | High | Low | Value | Volume |
$3.62 | $3.63 | $3.59 | $27.38M | 7.581M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
7 | 94570 | $3.60 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$3.63 | 38886 | 4 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
7 | 94570 | 3.600 |
15 | 200688 | 3.590 |
17 | 80039 | 3.580 |
10 | 31002 | 3.570 |
8 | 31130 | 3.560 |
Price($) | Vol. | No. |
---|---|---|
3.630 | 28651 | 3 |
3.640 | 157049 | 7 |
3.650 | 29446 | 5 |
3.660 | 78075 | 5 |
3.670 | 26969 | 4 |
Last trade - 16.10pm 02/10/2024 (20 minute delay) ? |
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