These falls are all short term movements. I spoke to the company today and they assured me that the future is very bright in this U climate. The market is not even taking the recent drilling and possible resource upgrade and the almighty Jabaluka at the moment. It is unfortunate that the loss news had to come at a time the market is having a correction.
UBS in today's fin review had a profit forecast this year of 31million, 22 million next year and then a wopping 310 million in 2009. I am happy to hold this share and buy the dips till then.
bouncing back looks good, page-20
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Last
1.7¢ |
Change
-0.001(5.56%) |
Mkt cap ! $376.5M | |||
| Open | High | Low | Value | Volume |
| 1.8¢ | 1.9¢ | 1.7¢ | $31.77K | 1.823M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 10 | 1025958 | 1.6¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.8¢ | 535978 | 3 |
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| Last trade - 16.10pm 16/08/2024 (20 minute delay) ? |
| ERA (ASX) Chart |