It's unlikely anybody of the mums and dads are nervous at all. As I write this the share price is $2.14 which represents a 7% rise in under 2 weeks. (the mums and dads bought at $2.00 p/s)
This share price will fluctuate up and down in the short term with all of the strong short-term interest / profit-taking, will settle down after January and trend upwards slowly, then based on the announcements/results/balance sheets will bounce up or down depending on whether the news is positive or negative, as you would expect. There will likely be a small rally before the first expected dividend payment in September 2015 and until then, assuming there is no bad news this will trend upwards in a stable fashion AFTER the heavy fluctuations until Jan/Feb 2015 with a small spike in July/Aug 2015 just prior to the divvy.
What is there to be nervous about? Those who have bought in have paid for a quality and stable company and the share price will easily reflect its performance/announcements. It's the companies that are not stable and the share price doesn't behave as anticipated that you need to worry about!
GL to all holders, I only bought in $3000 worth, but along with IAG I'm not so worried about MPL.
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Last
$3.70 |
Change
0.010(0.27%) |
Mkt cap ! $10.18B |
Open | High | Low | Value | Volume |
$3.70 | $3.72 | $3.69 | $19.47M | 5.258M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
9 | 76054 | $3.69 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$3.71 | 22337 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 1636 | 3.690 |
6 | 20507 | 3.680 |
4 | 19905 | 3.670 |
3 | 19173 | 3.660 |
11 | 46668 | 3.650 |
Price($) | Vol. | No. |
---|---|---|
3.720 | 102057 | 5 |
3.730 | 74311 | 4 |
3.740 | 17800 | 2 |
3.750 | 58823 | 9 |
3.760 | 10932 | 1 |
Last trade - 16.10pm 11/10/2024 (20 minute delay) ? |
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