the writing was on the wall. After DD’s selldown (yes not related to this), the share price couldn’t recover above 11 a fund or funds with a decent holding was drip feeding supply to get out. I had a accumulated a decent holding before DD’s selldown but decided to pull the pin with an acceptable (and pre calculated SL) loss before the div announcement as I thought this guidance would be part of the div announcement. I didn’t expect it to be this bad.
I feel for holders. If I was still in I would try to sell any bounce. This will take 12 months to turn around. When it does I will be back in as the business is sound IMO but it has to be at the right price.
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$10.43 |
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Open | High | Low | Value | Volume |
$10.44 | $10.57 | $10.37 | $892.3K | 85.08K |
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No. | Vol. | Price($) |
---|---|---|
10 | 328 | $10.42 |
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Price($) | Vol. | No. |
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$10.43 | 287 | 9 |
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No. | Vol. | Price($) |
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7 | 1034 | 10.410 |
16 | 967 | 10.400 |
11 | 2245 | 10.390 |
7 | 1004 | 10.380 |
7 | 2218 | 10.370 |
Price($) | Vol. | No. |
---|---|---|
10.420 | 24 | 2 |
10.430 | 161 | 3 |
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