Really not having a dig here so don't take it that way, but there's flawed logic in that statement. if you're saying that this SP will eventually return to the levels you need it to, then, the company can't be that bad or garbage so to speak.
I mean if it was complete garbage, the company would never return to its previous SP. But by continuing to hold, you're showing belief in the company to turn around the SP with your remaining capital.
I don't have that belief and I won't speculate with this company anymore.
I'm going to wait on the sidelines now, and see what their qtrly and FY20 production guidance is, and wait for confirmation to the bullish side before buying back in.
GLTAH.
Really not having a dig here so don't take it that way, but...
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Last
18.8¢ |
Change
-0.008(3.85%) |
Mkt cap ! $312.6M | |||
| Open | High | Low | Value | Volume |
| 19.5¢ | 19.5¢ | 18.5¢ | $472.3K | 2.480M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 29 | 734814 | 18.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 19.0¢ | 410822 | 11 |
View Market Depth
| Last trade - 15.57pm 07/05/2024 (20 minute delay) ? |
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Last
18.5¢ |
Change
-0.008 ( 2.63 %) |
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| Open | High | Low | Volume | ||
| 19.0¢ | 19.3¢ | 18.5¢ | 1440247 | ||
| Last updated 15.59pm 07/05/2024 ? | |||||
| AMI (ASX) Chart |