SRT 8.82% 18.5¢ strata investment holdings plc

How low can it go?, page-123

  1. 92 Posts.
    Sorry, but in my view this advice is downright dangerous. Mantra's in a down trend and should NOT be purchased at present no matter how good the "fundamentals" look. Why buy now and then wait around for 3-5 years as savvy suggests, when your money could be elsewhere working for you right away? Doesn't make sense. Mantra is broken. It has fallen 40% in the past year and is still falling. Just stop and think about that for a moment. -40%. I hope the fundamentals keep you warm if it falls another 40% from here because I can't see how they have materially changed over the past several years, and if anything, are improving.

    I was thinking $3 was the base and I was watching for a move higher, but we have now fallen through that. The downtrend is pervasive and it will take a lot to turn it around. I'll check back in 6 months.
 
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18.5¢
Change
0.015(8.82%)
Mkt cap ! $31.34M
Open High Low Value Volume
17.0¢ 18.5¢ 17.0¢ $9.365K 51.71K

Buyers (Bids)

No. Vol. Price($)
1 18294 17.0¢
 

Sellers (Offers)

Price($) Vol. No.
18.5¢ 14091 3
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Last trade - 12.30pm 23/07/2024 (20 minute delay) ?
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