I'd be stunned if it got anywhere near 60c
Lots of people would buy at that price (inc me) but at 60c the guys (like me) who got in at the low prices around 40c - well the risk / reward is very unattractive.
Save 20c profit or stay in for a chance at a genuine 10 bags?
Respect your opinion, but if it gets to 60c I'd genuinely consider withdrawing stored equity to buy.
That's always been my 'red line' - using money that incurs a debt.
The risk / reward here however make it actually a genuine consideration at 60c or below.
Seller - 20c profit Vs $3.50 - $5 pre-approval makes little sense
Buyer 60c per share purchase Vs potential $3 - $5 pre-approval makes a lot of sense (with a stop-loss).
I think that risk / reward scenario for buyers gets very attractive long before 60c hence I doubt if it gets close.
2c DYOR IMHO etc etc
Mesoblast stock(rock)-take March 2024, page-161
Add MSB (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$1.40 |
Change
0.045(3.33%) |
Mkt cap ! $1.592B | |||
| Open | High | Low | Value | Volume |
| $1.35 | $1.42 | $1.33 | $3.802M | 2.753M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 23940 | $1.39 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.40 | 22571 | 2 |
View Market Depth
| Last trade - 16.10pm 08/11/2024 (20 minute delay) ? |
| MSB (ASX) Chart |