You are preaching to the converted with me. I'm hoping if the oil and IO prices plunge again, the market will make the error of throwing out mroe CDDs at sub $2. I filled up half the truck on the dips post MD resignation. It was really spooky for the market, but there is no way you can quantify the resignation in dollars. I was lucky - I shorted on that news immediately for a trade, then bought for a long term investment. By my rear view mirror "xray" model, at $3 you get a 20 to 23% return after tax long term, if the past financials are any guide to the future, which I strongly suspect will be a great guide in this instance. My adjusted (for cap ex, real options costs, tax on divs, 45% tax rate) internal rate of return after tax ought to be about 15% through the cycle.
So I 'm confident your investment will do well.
However more panic please - can somebody else resign too? lol
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Last
37.0¢ |
Change
-0.015(3.90%) |
Mkt cap ! $14.45M |
Open | High | Low | Value | Volume |
39.0¢ | 39.0¢ | 37.0¢ | $435 | 1.145K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 2701 | 37.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
38.0¢ | 1550 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 2701 | 0.370 |
2 | 117617 | 0.350 |
1 | 6000 | 0.345 |
1 | 6000 | 0.330 |
1 | 6250 | 0.320 |
Price($) | Vol. | No. |
---|---|---|
0.380 | 1550 | 1 |
0.395 | 11212 | 2 |
0.400 | 57387 | 3 |
0.410 | 2835 | 1 |
0.450 | 9 | 1 |
Last trade - 16.10pm 06/09/2024 (20 minute delay) ? |
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