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2.2¢ pancontinental energy nl

Hahaha love it. I was lucky and got out when it was still about...

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JWRED

186 Posts.

05/08/15

16:27

Post #: 15756153
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Originally posted by MelbourneBoy ↑

A little story about Good Buying and Good Value.

I was watching the Melbourne Cup once with my Dad, and we were thinking about putting a bet on.

I said to my Dad: I'm picking the 4 horse. It's been 4/1, but has drifted to 6/1. That's great value for that horse.

My Dad replied: There's no such thing as a sure thing, and the only Good Bet is the one you place on the horse that wins. Everything else is just a punt. You should only bet on a horse you have researched and you haven't researched that horse. You also don't know why it's drifted. There is very likely a reason why it is now what you call 'good value'.

So what's the point?

I'm pretty sure PCL is not a Good Buy right now, but instead a highly speculative one.

I also think that if it were a horse it would be closer to having a hessian screen erected around it as opposed to winning the Melbourne Cup.

But still I hold.

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Hahaha love it. I was lucky and got out when it was still about 4cent mark or just under. but been off it for a while now and am re-looking at it as a punt but not a dead in the water punt.

PCL Price at posting: 0.3¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 2.2¢		Change 0.000(0.00%)		Mkt cap ! $170.4M

Open	High	Low	Value	Volume
2.2¢	2.2¢	2.1¢	$59.91K	2.724M

Buyers (Bids)

No.	Vol.	Price($)
12	4599621	2.1¢

Sellers (Offers)

Price($)	Vol.	No.
2.2¢	218344	2

View Market Depth

No.	Vol.	Price($)
12	4599621	0.021
16	4173092	0.020
7	4408998	0.019
6	7037833	0.018
2	5650000	0.017

Price($)	Vol.	No.
0.022	218344	2
0.023	2186795	5
0.024	6628448	12
0.025	2070515	9
0.026	5151509	9

Last trade - 15.17pm 19/06/2024 (20 minute delay)

PCL (ASX) Chart

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