The cavalry has arrived.
I knew the cash flow was there, despite the crowd bashing me on here saying I have no risk management, I’m stupid, nobody wants boring candles this stock is dead etc etc etc.
But I didn’t view this as a stock with a 3 letter DSK ticker code. I viewed it as a business owner, being a business owner myself despite the negative LFL sales I could see the cash flow would hold up despite the tough trading conditions. I just had to wait until the cash flow stated turning positive when trading improved. We have that with a positive cash balance of + $4.0 million dollars to $20 mil in the bank up from $16.0 mil last Half.
I did not sell. I bought more, and more and more and more. And I couldn’t be happier.
Listening to Lynch, Buffett and Marks interviews, annual meetings and books in the car while I drove to work paid off.
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Last
$1.16 |
Change
-0.035(2.94%) |
Mkt cap ! $71.91M |
Open | High | Low | Value | Volume |
$1.18 | $1.20 | $1.15 | $169.3K | 144.5K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 48 | $1.16 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.19 | 5883 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 869 | 1.150 |
1 | 10000 | 1.140 |
2 | 9454 | 1.100 |
1 | 5000 | 1.090 |
1 | 467 | 1.080 |
Price($) | Vol. | No. |
---|---|---|
1.185 | 5883 | 1 |
1.195 | 32552 | 1 |
1.210 | 12500 | 1 |
1.220 | 18196 | 2 |
1.240 | 4500 | 1 |
Last trade - 16.10pm 27/09/2024 (20 minute delay) ? |
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DSK (ASX) Chart |