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
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Last
4.2¢ |
Change
0.000(0.00%) |
Mkt cap ! $31.60M |
Open | High | Low | Value | Volume |
4.2¢ | 4.2¢ | 4.2¢ | $3.303K | 78.64K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 72393 | 4.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
4.3¢ | 159999 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 72393 | 0.040 |
1 | 150000 | 0.039 |
3 | 113421 | 0.038 |
1 | 100000 | 0.036 |
2 | 300142 | 0.035 |
Price($) | Vol. | No. |
---|---|---|
0.043 | 159999 | 1 |
0.045 | 383758 | 3 |
0.048 | 100000 | 1 |
0.050 | 375001 | 4 |
0.055 | 58530 | 1 |
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