The current share price action is WAY overheated. When the D & D ers and daytraders are done, the market's attention span isn't going to last 5 years - . Unless you are a very short term trader playing the current volatility, then buying right now is HIGH RISK. If you're a long term buyer, I would wait till things settle down and consolidate before taking a position. Even if it means paying more. Have you seen those share charts on other miners where the price when parabolic 5 years ago and then came down with a thud and did nothing for years? Theres a lot a lot of hype that has to eventuate for that NOT to happen. If you are going to take the risk - and I'm not saying you shouldn't - wait for the action to take a rest so you KNOW you are NOT buying the hype at a premium to what the market eventually decides good value is.
AFR Price at posting:
62.0¢ Sentiment: LT Buy Disclosure: Not Held
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