Hi Oakeyflat, apologies for the late reply.. I wasn't sure you wanted me to reply..
From your last post, it's theoretically correct. In practice, a few other points come into play - liquidity, leverage, cashflow, execution time etc. I find having two instruments provide an additional level of flexibility.
I hope this short term retrace didn't cause too much grief... it can be emotionally draining.
In near term, I've always priced SRX at around $25 for salvage therapies. Fundamentally, the next major price movement should be around May when actual data is released. Good luck!
Hi Oakeyflat, apologies for the late reply.. I wasn't sure you...
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Last
12.8¢ |
Change
0.003(2.00%) |
Mkt cap ! $54.11M | |||
| Open | High | Low | Value | Volume |
| 12.5¢ | 13.5¢ | 12.5¢ | $100.8K | 776.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 710395 | 12.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 13.0¢ | 424086 | 3 |
View Market Depth
| Last trade - 15.58pm 21/06/2024 (20 minute delay) ? |
| SRX (ASX) Chart |