I have been a stock investor since 2005 and from my experience this market slump is a correction not a crash. I retired 5 years ago and had 20 years experience with a Global Bank in corporate risk management and risk strategies.
The only time the market shook me was during the GFC in 2008/09 and I really thought that the financial market will collapse.
The situation now is totally different. US economy is recovering strongly. Japan and EU is posting GDP growth. China economy is in firmer footing with its economic restructuring. The economic conditions could not be more different.
This market correction will soon pass.
I am an investor in ANW and am attracted by the company prospects. IMHO, I hope that the management must now focus clearly in completing the Granville project. This is essential as the cash flow generated could be used to fund the Taronga project – the next order of priority. The TIN projects alone provide a feasible investing thesis for ANW and will help to support the SP and attract new investors.
Mt Cobalt is very exciting and may bring huge rewards for ANW. But for the time being, the management must get the 2 tin projects up and running as soon as possible. I believe most shareholders would like to see this happening.
- Forums
- ASX - By Stock
- Ann: Mt Cobalt Drilling Update
I have been a stock investor since 2005 and from my experience...
-
- There are more pages in this discussion • 6 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add C7A (ASX) to my watchlist
|
|||||
Last
1.1¢ |
Change
-0.001(8.33%) |
Mkt cap ! $2.751M |
Open | High | Low | Value | Volume |
1.1¢ | 1.1¢ | 1.1¢ | $83 | 7.552K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 85516 | 1.1¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.2¢ | 281427 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 85516 | 0.011 |
9 | 1630000 | 0.010 |
5 | 1083445 | 0.009 |
2 | 182500 | 0.008 |
4 | 1500000 | 0.007 |
Price($) | Vol. | No. |
---|---|---|
0.012 | 281427 | 1 |
0.013 | 552254 | 2 |
0.014 | 417724 | 1 |
0.015 | 83333 | 2 |
0.016 | 235000 | 2 |
Last trade - 11.18am 02/09/2024 (20 minute delay) ? |
Featured News
C7A (ASX) Chart |