My two cents worth is that you need to think longer term about this stock.
Clearing $1.00 in the not too distant future (perhaps even by the end of the month) isn't impossible.
So, does it matter if you buy NOW or wait for it to roll back into the forties?
By waiting you risk being OUT when the next announcement drops.
We don't know when the next announcement will drop; the last announcement was completely unexpected.
So you have to choose - the RED pill or the BLUE pill.
The RED pill - you gamble trying to save a few cents and risk being caught out.
The BLUE pill - you decide now to jump in and see how far the share price climbs.
Remember, I am only promising you a possible trading strategy - nothing more.
2020 BRN Discussion, page-8299
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Last
20.0¢ |
Change
-0.005(2.44%) |
Mkt cap ! $371.1M | |||
| Open | High | Low | Value | Volume |
| 20.5¢ | 20.5¢ | 19.5¢ | $843.2K | 4.220M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 71948 | 20.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 20.5¢ | 644737 | 16 |
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| Last trade - 16.10pm 26/07/2024 (20 minute delay) ? |
| BRN (ASX) Chart |