Buying when share prices dip is always better than when prices are peaking.
The long term trend will determine whether one makes a profit.
The BOE sp got well ahead of itself based on an exciting uranium narrative and speculative demand. It is now where it should be.
Over the next 12 to 18 months l expect a price recovery will be based on positive cash flows and early mover advantage. Nothing exponential, just linear growth of 15% to 25% pa. That's attractive to me.
Holders who bought above $5 should do ok over time, but that was a full price to pay capping upside return. IMO the big money was made 3 years ago when Boss was a sub $2 speculative stock, now it is a working business and will perform like one.
GLTASH
Uninvestable, page-38
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Last
$3.59 |
Change
-0.080(2.18%) |
Mkt cap ! $1.468B | |||
| Open | High | Low | Value | Volume |
| $3.64 | $3.65 | $3.55 | $18.65M | 5.205M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 8850 | $3.58 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.60 | 10000 | 1 |
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| Last trade - 16.10pm 24/07/2024 (20 minute delay) ? |
| BOE (ASX) Chart |