Let's see how we trade today.
Don't get me wrong, TLX is a fantastic company, im just not going to stick around for another 20% pull back as it's run very hard and this is a real risk.
Happy to trade this and try and reduce my average cost and increase my holding for long term.
It's clearly capped currently at $12.
I have no doubt it will go to $20 or $30 over next couple of years and hence will accumulate at lows.
but it's pulled back 12.5% from highs so it's warning the current trend may have ended and needs to consolidate and ret-race a bit for a while.
Cost of capital is not free and doesnt justify hanging around if not trending up for a while.
Even CSL trades a big range and can pause for ages... thats just the biotech sector. There's no dividends to miss out on either so it just trades on; fundamentals, technicals and market mechanics.
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Last
$20.48 |
Change
0.030(0.15%) |
Mkt cap ! $6.854B |
Open | High | Low | Value | Volume |
$20.35 | $20.83 | $20.30 | $10.68M | 520.3K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 1586 | $20.48 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$20.58 | 898 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 1586 | 20.480 |
1 | 387 | 20.410 |
2 | 1196 | 20.400 |
2 | 1071 | 20.390 |
1 | 12840 | 20.360 |
Price($) | Vol. | No. |
---|---|---|
20.580 | 898 | 2 |
20.590 | 173 | 2 |
20.610 | 3710 | 1 |
20.650 | 16550 | 2 |
20.670 | 1336 | 1 |
Last trade - 16.10pm 04/10/2024 (20 minute delay) ? |
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TLX (ASX) Chart |