I've lined up for shares at 13.5. Yeah I mean if you are buying with a long-term outlook and splitting your dosh up to average down if she dips then you can't fail here IMO. I'll start buying some small parcels at 14 or lower like this one at 13.5, it might not hit but if it does sweet as and if she goes lower, I am happy to accumulate.
I don't see her going lower than 10 cents but 10-12 is definitely possible if we don't get news for a while. Lower than 10 isn't impossible but things would have to go silent for quite sometime and I am pretty sure if this thing goes back to 10-12 volume will spike and some real players will move in. That's not me being bearish on her overall though, I still think she is headed to 30-50 cents in the longer term. Potentially even this financial year if we get the right news.
Most of the recent buyers at 14-15 cents+ are probably going to fold pretty quickly if she slides and smarter players will move in to take their shares. Personally, I sold half my stack at 18.5 and I will be feeling pretty good if I can buy them all back at an average of somewhere between 10 and 13.5 cents. If news comes in the next 1-2 months she will probably pop back up into the 20s even but if we get 2-3 months of silence then this thing is definitely going bellow 14-15 cents.
Who knows I could be wrong but if you get in with spare dosh to average down you are winning either way.
Not financial advice.
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I've lined up for shares at 13.5. Yeah I mean if you are buying...
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Last
18.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $68.23M |
Open | High | Low | Value | Volume |
17.5¢ | 18.0¢ | 17.5¢ | $126.1K | 712.3K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
7 | 279570 | 17.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
18.0¢ | 28453 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
5 | 168142 | 0.175 |
8 | 302293 | 0.170 |
9 | 808131 | 0.165 |
4 | 78700 | 0.160 |
8 | 302432 | 0.155 |
Price($) | Vol. | No. |
---|---|---|
0.180 | 28453 | 2 |
0.185 | 105400 | 2 |
0.190 | 460195 | 8 |
0.195 | 953652 | 19 |
0.200 | 1674523 | 19 |
Last trade - 16.10pm 11/10/2024 (20 minute delay) ? |
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