I understand, but that is just another forecast/possibilty, that may or may not eventuate, of course.
IMO there is value at $7.20, and there will be even more value at a lower price, IF it gets there. I will ensure that I get at least one of these price levels, so will start with $7.20 and add to it if it drops beyond that, instead of hoping it will go lower and potentially missing out on BOTH levels.
Risk-reward, as usual.
Not many will be selling at a profit below $7.20, that's for sure! Maybe some traders selling/shorting chasing the bottom, perhaps some cutting losses amongst the sheep run...?
With dilution, the old +$40 level will be circa +$20. Will take a while; we'll see.
Risk-reward.
IMO
DYOR
Ann: Request for Extension of Suspension, page-24
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Last
$21.95 |
Change
0.340(1.57%) |
Mkt cap ! $4.851B | |||
| Open | High | Low | Value | Volume |
| $21.74 | $22.05 | $21.63 | $31.78M | 1.450M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 191 | $21.86 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $21.95 | 8747 | 4 |
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| Last trade - 16.10pm 12/07/2024 (20 minute delay) ? |
| FLT (ASX) Chart |