I have no issue with all the previous statements, but I think your comment is demonstrative of falling in love with the stock and losing a sense of objectivity.
I genuinely think the company is doing well and moving forward is worth holding (even adding)… but I see your statement as one that is looking for reasons to justify holding the company - in which you’ve discounted the possibility that this may not mean anything, and is just paperwork to continue/update the status quo on financial records - which suggest that even if things were going downhill, you’d be able to justify it as a significant positive.
Just saying that mindset is not helpful in remaining objective. I think for the purposes of THIS discussion, it certainly IS the point whether the share purchase is new, or if it is just update of a paper trail. A new buy at this level after the history is a significant positive, with positive uncertainty as to a takeover in addition to the vote of confidence by a major company that has multiple reasons to avoid re-taking a position.
A beaurocratic update of the financial paperwork provides nothing more than an assertion of the status quo - and is neither positive nor negative. Take it as you wish. But I disagree with your notion that the distinction is not the point. It certainly is, both semantically AND from a sense of determining if there is an increase in non-transparent value.
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Last
41.5¢ |
Change
0.005(1.22%) |
Mkt cap ! $686.9M |
Open | High | Low | Value | Volume |
41.0¢ | 41.5¢ | 41.0¢ | $457.1K | 1.112M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
4 | 417437 | 41.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
41.5¢ | 399983 | 7 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 167437 | 0.410 |
4 | 16668 | 0.405 |
5 | 233181 | 0.400 |
1 | 84500 | 0.395 |
1 | 7692 | 0.390 |
Price($) | Vol. | No. |
---|---|---|
0.415 | 349983 | 6 |
0.420 | 356843 | 8 |
0.425 | 172272 | 4 |
0.430 | 6976 | 1 |
0.435 | 6896 | 1 |
Last trade - 16.10pm 20/06/2024 (20 minute delay) ? |
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