I would say though the quicker the holders with weak hands at play and some buyers remorse unload their shares the better..
I think we should look at the Us price as the main indicator on the price.. The exchange rate is going to be pretty wild for the next few years due to The Biden Spending Spree... There is only so much money the Aussie Reserve bank can print, as we cannot have deep pockets like the US..
If we get another bizzaro world fx market then the aussies will get some currency arb in their investment, imagine the games people will play then.. notice the date of the article..
90 cents is the price target, page-81
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Last
35.5¢ |
Change
0.060(20.3%) |
Mkt cap ! $515.6M | |||
| Open | High | Low | Value | Volume |
| 36.0¢ | 37.5¢ | 33.5¢ | $6.427M | 18.03M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 50000 | 35.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 36.0¢ | 133736 | 5 |
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| Last trade - 16.10pm 12/07/2024 (20 minute delay) ? |
| IMM (ASX) Chart |