You should sell. Buyers like me want your shares.
Plus the logic of waiting so you can exit is asinine on many levels.
- You can carry over capital loss forever. Offset against your future gains when the time comes.
- No point in holding to a stock when you feel that the BOD and Management have failed on their fiduciary duty towards a shareholder like you.
Lastly a casual glance at the balance and you would have known a CR was imminent. That $150m raised has significantly de-risked BGL ready for the vicissitudes of production and gold price.
@Allstock
Next top up is if the SP gets to that green trend line. Just below $1.
If the price holds and SP doesn't get there (sub $1 or green trend line ) then it is forming the RH shoulder of a H&S pattern headed for $1.84 resistance. If it can't break the $1.84 resistance then you should know what to do.
Ann: Successful completion of A$150M placement, page-149
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Last
$1.28 |
Change
0.030(2.41%) |
Mkt cap ! $1.631B | |||
| Open | High | Low | Value | Volume |
| $1.25 | $1.28 | $1.22 | $26.42M | 21.09M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 257 | $1.27 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.28 | 65894 | 7 |
View Market Depth
| Last trade - 16.10pm 07/08/2024 (20 minute delay) ? |
| BGL (ASX) Chart |