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that is the art, to simply accumulate over a range of prices,...

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stevenjd

27,755 Posts.

3360

23/07/24

11:07

Post #: 74870391
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Originally posted by Steini: ↑

There is always the chance for the sp to drop back to CR level but how likely is it? From yesterdays anns it looks like that tranche 2, directors and a few existing investors, won't be sold off. Tranche 1 depends on who the new sophies are. If those are 5-10% flippers then we may get a few at 11-12c, otherwise it will be difficult. Currently just about 250m issued, most are held tightly as seen in the past few weeks. Best strategy is to buy a few now and wait for a possible further retreat. I bought more for 13,13.5, and 14.5c just to be covered and have lined up down to 10c at each level.

And should there be a good anns then 10c would become even less likely.

But should it drop below 10c, still able to catch a few more.

GLTA

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that is the art, to simply accumulate over a range of prices, but to at least get set with a core position.

BDX Price at posting: 13.0¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 14.0¢		Change 0.000(0.00%)		Mkt cap ! $50.21M

Open	High	Low	Value	Volume
14.0¢	14.0¢	13.5¢	$19.45K	139.0K

Buyers (Bids)

No.	Vol.	Price($)
2	42050	13.5¢

Sellers (Offers)

Price($)	Vol.	No.
14.0¢	119662	2

View Market Depth

No.	Vol.	Price($)
2	42050	0.135
4	245000	0.130
4	201229	0.125
7	450841	0.120
5	790993	0.115

Price($)	Vol.	No.
0.140	119662	2
0.145	266058	5
0.150	220885	3
0.155	58150	1
0.160	228334	3

Last trade - 15.33pm 03/10/2024 (20 minute delay)

BDX (ASX) Chart