Pinto, I agree wholeheartedly, I am one of those folks who cant read the quarterly to save my life, I think you have hit a good point with temporary underwater SP, this is psychologically easy to swallow on a company that pays dividends, but the mind works different on a stock that has been bought solely for capital gains. Maybe the stock will go lower yet, but IMO any weakness should be pounced upon as a marvelous oportunity to average down.
I reckon the likes of JP Morgan selling gold equities recently has been a big reason why the market is spooked, is it just a short term play or is the bond market ready to collapse? If CW quit his day job he could probably tell us the answer :) (just kidding)
to all us long-termers, page-5
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Last
18.5¢ |
Change
-0.010(5.13%) |
Mkt cap ! $53.01M | |||
| Open | High | Low | Value | Volume |
| 18.5¢ | 19.0¢ | 18.5¢ | $13.12K | 70.76K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 15000 | 19.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 20.0¢ | 118797 | 4 |
View Market Depth
| Last trade - 15.45pm 01/11/2024 (20 minute delay) ? |
| FML (ASX) Chart |