This will happen time and time again when you're dealing with undervalued stocks. The key here is to recognise when a stock is undervalued then buy and wait until the broader market takes notice. There are a number of undervalued stocks on the market now that just haven't been taken along with the bullish run over the last 12 months. All it takes is for a broker to put a case to the market that the stock is undervalued and people soon take notice. I think its a bit cheeky of the brokers as they surely load up before they put the upgrade out, they make a lot of money on the back of their upgrades.
Will New Hope make money?, page-9
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Last
$4.95 |
Change
0.010(0.20%) |
Mkt cap ! $4.184B | |||
| Open | High | Low | Value | Volume |
| $4.96 | $4.96 | $4.86 | $11.52M | 2.343M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 34528 | $4.94 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $4.95 | 23023 | 5 |
View Market Depth
| Last trade - 16.10pm 12/07/2024 (20 minute delay) ? |
| NHC (ASX) Chart |