They were correct when they called out an 80c or sub 80c. They explained how and why. I give them that. I hope it helped those who needed a good entry point: it arrived! It's done. What next?
The opportunity now, is for those who were left out of the discounted raise that was done for mates (at 80c), is now. So, like the instos and sophs we love to bash, retail can also buy at 80c! All of us are equal now! Its time to look at the business itself, to decide if we are gonna jump in, or not.
My view is that, the tailwinds are powerful! Buying at 80c (or close to) makes this a bargain buy! Those dumping will soon run out of dumpable material, and the sp will rocket upwards!
If you are a long-term investor who uses fundamentals, I would say: its better to add now, than to keep waiting. Thanks to the TA chartists for predicting he bottom!
GLTA!
Short Covering Is Over, Put On Your Buying Boots., page-24
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Last
$1.32 |
Change
0.010(0.76%) |
Mkt cap ! $1.151B | |||
| Open | High | Low | Value | Volume |
| $1.31 | $1.33 | $1.28 | $14.65M | 11.22M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 7782 | $1.32 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.33 | 123367 | 7 |
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| Last trade - 16.10pm 27/09/2024 (20 minute delay) ? |
| DRO (ASX) Chart |