Hi @DaisyA
I just reread my post from 2 weeks ago and perhaps my theory is coming true.
(https://hotcopper.com.au/posts/68115942/single )
Despite the commentary about end of quarter rebalancing etc, it seems just as likely to possibly be the start of accumulation prior to a bid.
I have said before that if there is a sudden rise in price, long term holders need to be aware of the likelihood of corporate action and not be tempted to take profits prematurely. The long term holders here need to look past short term price movements and the work of @Tunnes has been perfect to help all of us focus on the gains that are yet to come. We just have to keep ignoring the noise and sit tight. This is not financial advice but simply my own strategy.
regards
DF
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Last
84.0¢ |
Change
0.005(0.60%) |
Mkt cap ! $2.037B | |||
| Open | High | Low | Value | Volume |
| 80.0¢ | 86.5¢ | 80.0¢ | $8.710M | 10.32M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 110884 | 83.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 84.5¢ | 213383 | 11 |
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| Last trade - 16.10pm 11/11/2024 (20 minute delay) ? |
| LTR (ASX) Chart |