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1,895 Posts.
59
22/01/10
10:39
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As a trimmed business cost myself, I have a perverse interest in continuing to watch UXC.
Today's dump so far is moderate, only small volumes at the low end.
I used to think UXC was a buying opportunity at (shame to recall!) $2.00, $1.50, $1.00.
UXC was a buying opportunity at 0.35 in the depths of the GFC. If we're in a mini-dip, it may be a buying opportunity at 0.55.
But a buying opportunity at today's range? No thanks, not yet.
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