They're a solid company - that's why I'm holding but the recent takeover was - you'd have to agree - pretty damn average timing/price and let's not forget the state of commodities atm http://www.rba.gov.au/statistics/frequency/commodity-prices.html
Never that excited to buy more when near 52 week lows despite the fact it could rebound hard - i just don't see any reason why it will do that just yet. In November I was banking on the $2.49 52 week low to be a double bottom so I picked up a few more shares but I regret it and it's been well below $2.50 area in recent weeks
Where's the support now? Will it go below the new 52 week low? Who knows but no reason to get excited and buy more just yet I reckon...
Buy?, page-2
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Last
$5.31 |
Change
-0.160(2.93%) |
Mkt cap ! $4.021B | |||
| Open | High | Low | Value | Volume |
| $5.40 | $5.48 | $5.29 | $18.53M | 3.415M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 4388 | $5.30 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $5.32 | 13512 | 1 |
View Market Depth
| Last trade - 16.10pm 18/10/2024 (20 minute delay) ? |
| IGO (ASX) Chart |