In terms of stock movement, three days rule applies here. Give the market time to digest the news, best entry seems to be on the third day after the event. Today is first, so expect decay until Thursday before recovery. That is, if your investment thesis has not changed, Thursday might be the day of entry. This is not my whits, this is from Gary Black.
Ann: Tripartite LOI Update, page-71
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Last
53.0¢ |
Change
-0.050(8.62%) |
Mkt cap ! $227.3M | |||
| Open | High | Low | Value | Volume |
| 58.0¢ | 59.0¢ | 52.5¢ | $649.3K | 1.180M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 19006 | 53.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 54.0¢ | 34000 | 2 |
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| Last trade - 16.10pm 07/11/2024 (20 minute delay) ? |
| TLG (ASX) Chart |