Total agree. Although personally I am hoping it sinks more because its an awesome long term performing company and I want to get more shares cheap. Whilst I have some companies that I hate to see the share price sink, this one is one that I own that I love to see drop because they are solid as granite and will be around 50 yrs from now. I honestly cant see me ever selling there shares unless they go to a stupid price or something extremely odd changes their story.
The sell off makes zero sense for any person that has longer patience than a toddler. The orders are still there, they have not disappeared, the recognition of revenue and profit is only delayed, and not severely delayed. The revenue continues to grow and the market for their products is enormous and will continue to grow another 10yrs from now.
Ann: Market Update - FY22 Revenue, page-3
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Last
59.5¢ |
Change
0.035(6.25%) |
Mkt cap ! $69.47M | |||
| Open | High | Low | Value | Volume |
| 56.0¢ | 60.0¢ | 56.0¢ | $115.0K | 202.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 608 | 57.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 59.5¢ | 40193 | 1 |
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| Last trade - 15.47pm 03/09/2024 (20 minute delay) ? |
| LBL (ASX) Chart |