I'm holding it with conviction. When there were no treatments or vaccines available I held it. When SP went below $2.40 and there was a threat of dilution I held it.
Now it is scary again. I won't be surprised if SP hit $4.00 or even $3.5 mark because that would be a clear reflection of the company's outlook given the current catastrophic climate. We don't expect SP to be $6 - $7 at this juncture.
Remember: there are days when years happen and there are years when days happen.
URW almost doubled its value in a matter of two weeks in Oct/Nov 2020. The chart seems disappointing at the moment but I'm still Hopeful.
If we see downtrend of infection across Europe in next 6-12 months there is no doubt that URW would bounce strongly.
Of course, there are a lot of IFs (that's the risk we need to bear for reward).
DYOR.
Cheers!
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Last
$5.50 |
Change
-0.210(3.68%) |
Mkt cap ! $640.5M |
Open | High | Low | Value | Volume |
$5.66 | $5.66 | $5.49 | $1.369M | 247.3K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 224 | $5.77 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$5.23 | 106 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
6 | 17850 | 5.500 |
4 | 730 | 5.490 |
5 | 3327 | 5.480 |
1 | 233 | 5.470 |
6 | 9275 | 5.460 |
Price($) | Vol. | No. |
---|---|---|
5.510 | 16408 | 4 |
5.520 | 3226 | 8 |
5.530 | 3659 | 10 |
5.540 | 998 | 5 |
5.550 | 7594 | 11 |
Last trade - 15.59pm 05/08/2024 (20 minute delay) ? |
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URW (ASX) Chart |