My opinion (wouldn't have a clue about the T/O price, except to say it is coming).
We have been right, royally played since the PMS result. The $26 had to be brought under control - and it was. A gradual decline to $23 or so, then the big softener up - the Culper mongrels made sure of that -who backed it? Down below $19 with a gradual recovery to $20 something. Then PHS gave us a spike that was very short lived - incredible 3 days up to $24 then straight back down below $20. (Who said that was normal?)
That is where 'they' want us. Likely to happen again in a few weeks time when AS result comes in. (I don't expect any $24-25 to last). Back to where they want it.
Then comes the first T/O offer. Take a stab at around $40.
Fun and games ahead.
Share Price, page-10610
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Last
$15.24 |
Change
-0.320(2.06%) |
Mkt cap ! $1.981B | |||
| Open | High | Low | Value | Volume |
| $15.61 | $15.93 | $15.23 | $2.731M | 177.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 17 | 623 | $15.23 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $15.24 | 142 | 3 |
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| Last trade - 13.04pm 20/08/2024 (20 minute delay) ? |
| NEU (ASX) Chart |