EKA 0.00% 45.0¢ eureka energy limited

re: torched Thanks for your concern rice01, but my trading...

  1. cjg
    149 Posts.
    re: torched Thanks for your concern rice01, but my trading strategies work fine for me. Now, these comparisons you make (which i assume are the basis for your "valuations") .. would you mind explaining them for someone who knows "very little about investing & making money"

    FWIW, since speaking to the company, brokers and investors in early December, and with the sp back into the 60s, I decided it was a sell. The SPP stock was still deep enough in the money to be very attractive but positionally EKA was no longer even a hold IMO.

    With the sp now in the 30s and printing lower-highs/lower-lows pointing towards the 20s, this negative stance was the right view for my position.

    So tell me: how do you compare the value of EKA to ADI? I'd love to hear your spiel...

 
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