I had 1300 free carried from trading the bounce in june.
I bought 16000 at 2.89 the morning URW announced the Swift sale and that the CR was a tradable right issue.
Since then I've locked in some gold profits to have funds for the right issue and called my bank for a 50/50 margin loan if timing was right post CR.
Since the CR isn't happening, I bought another 10000 at 3.54 this morning and didnt pull the trigger on the margin loan.
Very happy with my position as it rounds nicely to a 3$ average.
I expect we will see 6$ very soon and 10$ within the next 24 months.
Capital Raise failed to Pass! Well done to all who voted., page-39
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Last
$5.51 |
Change
-0.200(3.50%) |
Mkt cap ! $638.2M | |||
| Open | High | Low | Value | Volume |
| $5.66 | $5.66 | $5.49 | $1.580M | 285.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 20000 | $5.48 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $5.51 | 7869 | 1 |
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| Last trade - 16.10pm 05/08/2024 (20 minute delay) ? |
| URW (ASX) Chart |