how recently?
APT is a very different stock to this one but ive been seeing fantastic returns with it of 30% just holding it for a day and then selling constantly. It's fun.
GNC for me is more of a long hold. it might go down tomorrow too when the markets in the US are not good but there are so many reasons for me as to why this is a good long term and short term buy.
short term
1. in the short term they will attract positive attention likely wih the insurance payout.
2. its on peoples radar with the price movements and volume
3. UMG is overvalued and as share holders access those shares tomorrow they may buy back into GNC.
long term
1. it will be a bumper crop this year and that news will soon spread.
2. in a recession people still have to eat and agriculture will survive. (thrive)
3. with the lower aussie dollar export will be more competitive which is good for a grain company.
I'm glad i got in at the days close at 2.88
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Last
$8.28 |
Change
0.000(0.00%) |
Mkt cap ! $1.857B |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 105 | $8.61 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$7.87 | 346 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 105 | 8.610 |
1 | 38 | 8.600 |
4 | 3599 | 8.550 |
4 | 1413 | 8.500 |
1 | 4425 | 8.360 |
Price($) | Vol. | No. |
---|---|---|
7.870 | 346 | 1 |
7.940 | 2223 | 1 |
7.960 | 1716 | 5 |
8.100 | 367 | 2 |
8.150 | 7 | 2 |
Last trade - 09.39am 03/05/2024 (20 minute delay) ? |
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GNC (ASX) Chart |
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RDN
RAIDEN RESOURCES LIMITED
Dusko Ljubojevic, MD
Dusko Ljubojevic
MD
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