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Ann: EdenCrete - US Update-EDE.AX, page-71

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vmp

13,514 Posts.

9287

09/10/16

08:52

Post #: 19724777
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Originally posted by vmp ↑

Hi rz, should I take it that you never bought any shares when Ede was above 22 cents, yes? As it should have been overvalued? Or, would you say, the sp if it was currently 15 cents, its a good buy at 13 cents and its over valued at 17 cents, or if it was 25 cents, you would say it is good value at 23 cents and over valued at 27 cents, and so on? Given that you have a buy order at 19 cents when the so is at 22 cents, I think I know where you're coming from.
Cheers
V

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In that case then, for Ede at the moment any price is a good buy price, as long as it is lower than where it currently sits. The lesson for me is, always put a buy order below current sp and I'd get good value.
Cheers

EDE Price at posting: 22.0¢ Sentiment: Buy Disclosure: Held
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