I disagree and easy to say with hindsight. Haha
The price could have kept dropping this morning. No one could tell where support was going to be or how much the market would react. There was a chance, and I took it, that I may have been able to buy cheaper. It didn't turn out that way. All good. The market settled down eventually and then I buy. Whether it's 16, 17 or even 18 (like I bought yesterday) I still think sub-30c this is below fair value. My opinion.
I'll still likely get them at the 16.5c price in the match today anyway without the risky morning buying.
Luck of the market.
CNB Summary and Why Its So Undervalued, page-58
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Last
48.5¢ |
Change
-0.005(1.02%) |
Mkt cap ! $83.39M | |||
| Open | High | Low | Value | Volume |
| 50.0¢ | 50.0¢ | 45.5¢ | $346.8K | 735.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 20000 | 48.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 49.5¢ | 26374 | 3 |
View Market Depth
| Last trade - 14.38pm 28/06/2024 (20 minute delay) ? |
| CNB (ASX) Chart |