Yes read the article from Mickey. Same narrative as always and he hasn’t swayed in his outlook. The crystallisation of a higher share price (+50%) won’t kick off until 2023 so this stock won’t run for a while yet, with potentially better options to park capital for quicker returns. I’d say this is why the share price has dropped recently and is trending sideways - as people are bored or simply see better opportunities. It’s just been quite an extraordinary outlier of a past 18months.
I am steadily accumulating or parking money here and shifting it elsewhere as I hit 10% gain. It’s just one of those stocks. When it finally gets a move on I do hope I am fully invested so let’s see.
Ann: Investment Portfolio Report at 30 June 2021, page-13
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Last
$1.00 |
Change
0.058(6.08%) |
Mkt cap ! $283.2M | |||
| Open | High | Low | Value | Volume |
| 95.0¢ | $1.01 | 95.0¢ | $290.9K | 298.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 9 | 3821 | $1.00 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.01 | 5066 | 21 |
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| OBL (ASX) Chart |