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
44.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $728.3M |
Open | High | Low | Value | Volume |
43.5¢ | 44.0¢ | 43.0¢ | $170.6K | 390.6K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 15545 | 43.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
44.0¢ | 80122 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 15545 | 0.430 |
1 | 10000 | 0.425 |
1 | 101000 | 0.420 |
3 | 14481 | 0.405 |
5 | 229014 | 0.400 |
Price($) | Vol. | No. |
---|---|---|
0.440 | 30122 | 2 |
0.445 | 256790 | 4 |
0.450 | 240364 | 10 |
0.455 | 7992 | 2 |
0.460 | 132928 | 3 |
Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
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