CRH crowe horwath australasia ltd

Not great, it smashed through 42.5, if i didn't take my...

  1. 4,722 Posts.
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    Not great, it smashed through 42.5, if i didn't take my conditional order off it would have been triggered. have to see how tomorrow goes... if this opens at a loss I think I may have to cash out. Disappointing, good learning lesson where a wrong entry point can make such a big diff. a 45 cent entry point would've seen a comfortable 35-38c stop loss area for one.. waiting around now is a risk in terms of potential losses.

    I too bought in on the hope of this trend continuing and a bid.

    That said this has dropped 5%+ for 2 or 3 days.... one would hope some reprieve would be on its way soon. I think a fair few short term buyers jumped in at the 40c + level and are now cashing out when all did not go to plan.

    Is there a timeline set for when a bid would have to eventuate by?
 
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