The SP nearly always gives the games away months before the bad news. TWO has been declining since June and then the big hit.
I have never held before and I don't currently even though I recently made some dough on the usual bounce. Seems they have over invested on potential or expected expansion which has come to a shuddering halt.
The big decision now cut numbers or hold and get their margins smashed. The good news is low debt so they should be OK. In this environment only play with companies with low debt.
Plenty of time to get set with this one it ain't going anywhere fast as the second half could be worse.
- Forums
- ASX - By Stock
- TWO
- what's going on?
what's going on?, page-8
-
- There are more pages in this discussion • 1 more message in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add TWO (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
LU7
LITHIUM UNIVERSE LIMITED
Alex Hanly, CEO
Alex Hanly
CEO
SPONSORED BY The Market Online