Adairs at its lowest level of despair had a share price of just $0.56 on 15th June.
12 weeks later, actually today, it is trading at $1.65.
That's a 195% rise in 12 weeks.
That's a 2 bagger for those with the courage to back management.
I hope there are lessons to be learned from ADH that can apply to other downtrodden stocks.
GLTAH.
P.S I am still underwater on ADH but getting close to break even, thank goodness.
Adairs has rocketed
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Last
$2.07 |
Change
0.060(2.99%) |
Mkt cap ! $361.5M | |||
| Open | High | Low | Value | Volume |
| $2.03 | $2.08 | $2.02 | $718.7K | 348.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 4720 | $2.06 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.08 | 13408 | 3 |
View Market Depth
| Last trade - 16.10pm 27/09/2024 (20 minute delay) ? |
| ADH (ASX) Chart |