After the last director selldown, I bought loads more at 59-60c but reassessed the investment as a trading hold rather than a sit and forget position. So in the runup to $1.12 I did let a third go at between 90c-$1.12 for a couple of my accounts. I was planning to invest this elsewhere but the issue has led me to wait. I was not on the placement list. The spp will only partially replace the stock sold. 80c seems to be the new 59c, as a base level, assuming the order flow continues. The management’s aggressive “build for stock” approach is quite entrepreneurial, but they were right last time, and I for one expect them to have judged correctly again. If so, a significant move above $1 is on the cards this calendar year. I’ve pencilled in $1.30-$1.50 as my new target.
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$1.48 |
Change
-0.045(2.95%) |
Mkt cap ! $1.128B |
Open | High | Low | Value | Volume |
$1.51 | $1.59 | $1.47 | $13.35M | 8.874M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 21131 | $1.48 |
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Price($) | Vol. | No. |
---|---|---|
$1.49 | 16691 | 4 |
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No. | Vol. | Price($) |
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2 | 21131 | 1.475 |
4 | 53402 | 1.470 |
5 | 12566 | 1.465 |
17 | 77993 | 1.460 |
2 | 38027 | 1.455 |
Price($) | Vol. | No. |
---|---|---|
1.490 | 12691 | 3 |
1.495 | 25085 | 2 |
1.500 | 65011 | 9 |
1.505 | 80000 | 1 |
1.510 | 5000 | 1 |
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