Might just be profit taking - I sold off 25% of my holding a fortnight ago when it was at 52 week highs - but I am still hopeful we will see $8+ on the back of strong results here ourselves.
The tariff situation is creating unknowns - and the market doesn't like those. That's enough to cause a drop. My BAL shares are taking an utter pasting over Chinese import approval. The US-China trade war is smashing them, too.
I told myself you have to have strong nerves if you're going to be in the sharemarket long term. Some people don't - others need the money. So they sell. But if the fundamentals as to why you invested in a company in the first place are still there, hopefully, the patience will be rewarded.
GLTAH - DYOR
Ann: 2018 Crop Update, page-29
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$4.24 |
Change
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Mkt cap ! $513.2M | |||
| Open | High | Low | Value | Volume |
| $4.17 | $4.24 | $4.08 | $830.3K | 197.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 213 | $4.19 |
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| Price($) | Vol. | No. |
|---|---|---|
| $4.25 | 6738 | 3 |
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