It all depends on time horizons. So hats off to the shorters, they picked the interim high. I can't pick interim lows or highs with any consistency, so I don't compete with traders trying to pick these.
My time horizon is not measured in days, weeks or months. It is measured in years. I don't care whether the share price drops a little more or a little less, while the futures for this commodity remain high enough. If the share price stays low and the commodity price stays high, I know what I'll be hoping for: more time to buy more, either from dividends received or from buybacks.
Caution, share price is too high, page-269
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Last
$6.82 |
Change
-0.080(1.16%) |
Mkt cap ! $5.705B | |||
| Open | High | Low | Value | Volume |
| $6.85 | $6.94 | $6.79 | $34.16M | 4.991M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 259 | $6.82 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.83 | 18755 | 1 |
View Market Depth
| Last trade - 16.10pm 18/10/2024 (20 minute delay) ? |
| WHC (ASX) Chart |