Looks like I missed it too! Trying to be too stingy!! From all available info that I have though I reckon you won't do too badly out of this one at that buy price. I shall continue to live in hope and watch this space for another decent drop caused by an institutional rebalance or the like. Good news is that the institutions own a large percentage of this stock compared to many others so we never know our luck (and they must be confident in the stock given it is only in the 300 index):
HSBC Custody Nominees (Australia) Limited (33.7%) National Nominees Limited (10.5%) J P Morgan Nominees Australia Limited (9.3%) IOOF Holdings Limited (6.0%) Mitsubishi UFJ Financial Group, Inc (6.0%) Morgan Stanley and its subsidiaries (6.0%)
Happy trading
Mulhearn
IMD Price at posting:
$1.24 Sentiment: Hold Disclosure: Not Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)