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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I have no issue with all the previous statements, but I think...
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Last
39.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $645.5M |
Open | High | Low | Value | Volume |
38.0¢ | 39.0¢ | 37.5¢ | $23.76K | 61.57K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 26000 | 38.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
40.0¢ | 11500 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 26000 | 0.380 |
1 | 3348 | 0.375 |
2 | 10694 | 0.370 |
1 | 50000 | 0.365 |
1 | 1400 | 0.360 |
Price($) | Vol. | No. |
---|---|---|
0.400 | 11500 | 1 |
0.405 | 45000 | 1 |
0.410 | 182548 | 4 |
0.420 | 2517 | 2 |
0.430 | 75240 | 4 |
Last trade - 16.10pm 13/06/2025 (20 minute delay) ? |
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