I think a correction we had to have. I have followed this stock for a long time and the buying in got carried away. I broke my rule with this one and caught the falling knife a couple of times in the past knowing it was truly oversold. I noticed the selling side became stronger yesterday and realized the price was going to drop a lot.
I sold off 50% of my holding yesterday in the $4.20s with a nice profit. But, having said that kept some still in a loss knowing this stock will gain in the medium term. Patience with this one new management will I think correct the bad business decisions of the past.
I'm sure a lot of you in the same boat as me. Good luck all on this one.
Something is afoot, page-12
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Last
$3.08 |
Change
-0.020(0.65%) |
Mkt cap ! $114.9M | |||
| Open | High | Low | Value | Volume |
| $3.10 | $3.15 | $3.08 | $168.2K | 54.13K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 11732 | $3.08 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.12 | 3578 | 1 |
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| Last trade - 16.10pm 12/07/2024 (20 minute delay) ? |
| TRS (ASX) Chart |