Hey guys
Seriously thinking about dumping my holding. I have been in it for more than 12 months so i do get 50% CGT discount but my broker called today and outlined a few points.
1. He is of the belief that this stock is being spruiked by a small number of brokers who are telling there clients not to sell. Eventually it will hit a tipping point i.e when production is announced and could take a hammering.
2. They dont have much gold at all in Indo compared to their peers.
The only value i can see in this stock now is exploration upside and i believe they are now fully valued.
I hope i am entirely wrong and she does keep chugging northwards. Intersted to here what u guys have to say.
Cheers in advance
Fursty
blastoff, page-12
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Last
4.2¢ |
Change
-0.005(10.6%) |
Mkt cap ! $31.60M | |||
| Open | High | Low | Value | Volume |
| 4.6¢ | 4.7¢ | 4.2¢ | $53.60K | 1.223M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 1183096 | 4.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 4.4¢ | 75000 | 1 |
View Market Depth
| Last trade - 15.55pm 11/07/2024 (20 minute delay) ? |
| KRM (ASX) Chart |