Roy, You are lucky your cost base is too low comparatively. Most here are from above $4-$5
I was telling the forum over a month now that URW will head below $2.90 and that I have dumped half of my URW shares. I have acquired between $3.20 and $4.50 brought down my cost base and reduced holding to reduce risk. Still I am invested big time in this one - my profit from across multiple scripts is drained on this single b*stard.
IMHO bottom is not known, depends on how fast BOD put issue price on CR and whether we ASX CDI holders will be eligible for CR (If we are not then ASX CDI will be heavily discounted below Euro SP). I am just holding tight to see how it unfolds, should have sold all my holding.
DYOR
Capital Raising Confirmed, page-62
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Last
$6.18 |
Change
0.210(3.52%) |
Mkt cap ! $705.3M | |||
| Open | High | Low | Value | Volume |
| $6.09 | $6.18 | $6.09 | $701.1K | 114.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 4800 | $6.12 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.18 | 639 | 1 |
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| Last trade - 16.10pm 06/09/2024 (20 minute delay) ? |
| URW (ASX) Chart |