HUM 1.44% 70.5¢ humm group limited

Ann: hummgroup announces change of Chair and receipt of proposals, page-216

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  1. 1,287 Posts.
    lightbulb Created with Sketch. 486
    Its a traders stock atm imo. Purchased 100K at 0.81c on Monday and sold Tuesday at 0.935c. Watching closely for a re-entry before the end of the week as expecting further weakness as is traditional over holiday periods / long weekends + we have Covid to deal with as well.

    The plan is to average in close to .80c as am not expecting any trading halts until early in January. In the mean time the share will be range bound as investors read & dissect the tea leaves.

    Need a buffer in case the first offer is low so around 85c should be a safe entry without much loss risk. After all the share is in "PLAY".

    Those holding at high prices should try to average their entry price down by buying around current levels in they have fire power. Once the fat lady sings many will be taking hair cuts as some wish full thinking on this forum will fail to eventuate.

    IGO played the long game on WSA take over, keeping WSA holders guessing for a considerable time. The same could happen here. Need some patients waiting for the cards to fall.
 
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Last
70.5¢
Change
0.010(1.44%)
Mkt cap ! $346.6M
Open High Low Value Volume
68.5¢ 71.5¢ 68.5¢ $315.2K 445.2K

Buyers (Bids)

No. Vol. Price($)
1 1499 68.5¢
 

Sellers (Offers)

Price($) Vol. No.
71.0¢ 7045 3
View Market Depth
Last trade - 16.10pm 06/11/2024 (20 minute delay) ?
HUM (ASX) Chart
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